A new and ingenious and, it turns out, a legal way for wall street traders to get even more fantastically rich, using junk bonds, to stage corporate takeovers. And you don t need to understand the intricacies of this junk bond scam to know the kind of character he was. Do you remember the movie wall street? michael douglas, greed is good? that was based on michael milken. This is how the post described him on the day he was finally indicted. Quote, milken, a wharton school graduate, who lives in clark gables former home in california, and drives to work in a mercedes benz, has been praised by some as a brilliant visionary and assail by others for triggering a wave of hostile takeovers while generating fees for young and aggressive traders. He did that, and then the law showed up. The king of junk bonds, michael milken, was indicted today on charges of fraud and racketeering. Charged with him in the indictment was his brother and another former trader for russell burner lambert. I m of
time. good morning, i m laura jarrett, it s thursday, april 22nd, 5:00 a.m. here in new york. for nearly a year we have talked about a reckoning on racism and policing in this country but what has really changed? the conviction of former officer who killed george floyd, derek chauvin, sparking renewed calls by some for reform. pleas that complied account daily reminders of why black communities feel unsafe. andrew brown jr. fatally shot while deputies in elizabeth city, north carolina, were serving a warrant on thursday morning. the deputy is on administrative leave now. there is body cam footage that has not yet been released. we are not going away until we get some cooperation, until we get some transparency. what are they hiding? we are feeling pain right now. we are hurting. we are tired. we are tired. it happened a day after a black teenage girl was shot and killed in columbus, ohio. body cam footage appears to show ma khia bryant lunging at another girl with a k
climb the stairs friday enjoying arrestful weekend with zero public events saturday and sunday and today once again, zero public events. needless to say as we have predicted, the biden blitz is really getting off to a spectacular start. following joe s embarrassing stumbles, the administration literally this is my favorite. they tried to blame the wind. the wind blew i don t know who is worse. the tripping three times or claiming the wind blew over frail joe. you decide. is the president doing okay after taking a fall? it s windy outside. it s very windy. i almost fell coming up the steps myself. he s doing 100% fine. he turned his foot. that was recently broken. gust of wind. i get blown over all the time. don t you? are we supposed to joe s leg gave out because of a calm breeze on a beautiful sunny day? jen psaki had a different explanation. we ll tell you that coming up later in the program. first, back to the so-called biden blitz. usually means a maximum of o
twice but three times trying to climb the stairs friday enjoying a restful weekend with zero public events saturday and sunday and today once again, zero public events. needless to say as we have predicted, the biden blitz is reallyai getting off to a spectacular start. following joe s embarrassing stumbles, the administration literally this is my favorite. they tried to blame the wind. the wind blew i don t know who is worse. the tripping three times or claiming the wind blew over frail joe. you decide. is the president doing okay after taking a fall? it s windy outside. it s very windy. i almost fell coming up the steps myself. he s doing 100% fine. he turned his foot. that was recently broken. gust of wind. i get blown over all the time. don t you? are we supposed to joe s leg gave out because of a calm breeze on a beautiful sunny day? jen psaki had a different explanation. we ll tell you that coming up later in the program. first, back to the so-called biden b