Milken, past and present

Posted by Al Lewis on November 16, 2012
People

Michael Milken is a complicated man: A lauded visionary and philanthropist, and a symbol of 1980s greed all in one.

History – as muddled as it is in legal maneuverings -  records that Mr. Milken was embroiled in an insider trading scandal. He never plead guilty to insider trading, though, only technical trading violations, which resulted in him serving nearly two years in a federal prison.

Milken’s philanthropy goes back long before this scandal. And, though his Milken Institute, he’s continued to find new ways to improve the health of the planet. Still, two presidents have declined to pardon him for his past convictions.

I heard Mr. Milken speak at and event put on by the Allied Jewish Federation of Colorado. Rabbis I spoke with offered varying opinions about having Mr. Milken keynote a somewhat religious event.

Click here to read my column on Marketwatch.com