Absurdities of life in cuba. it s a delicate dance, and few have been able to replicate it. your hero in the books, does he live in this neighborhood? or another neighborhood? more or less. more or less. happy place to grow up, this neighborhood? yeah, yeah. i was totally free. i notice a lot of people just hanging out. who lives here? all kinds of people. doctors, for example. engineers. workers. and people who makes nothing, like that guy. right. he don t make nothing. how does he live? trying to find something to do or something to sell. making a small business.
Michael milliken of the firm of drexel, burn ham, lambert this wall street whiz is said to be the most powerful financier in america., brought respectability to low rated junk bonds, and used the money for corp raids. reporter: t been pickens couldn t have raided them. the gulf deal is first time i saw milliken. he said if you want to take over gulf, it will cost you 13 billion. he said i can get that 13 billion. he is the guy pickens goes to. most haven t heard of him. he doesn t care about publicity or pride, all he cares is making money, doing deals. having power. he was a howard hughes figure that you never saw, just heard. it was his genius, i think that s the correct word, that
those of us even in the press never saw, you just heard. it was milken s genius that created an entire marketing and fuel take over phenomenon. the fact the matter is, these are fat cats, first cousin to be financial manipulators of the late 19 century. these guys are out there trying to make a buck by doing nothing. economists agreed that some unemployment and hardship is unavoidable in the process of making the united states lean and mean again. the take over specialists called it corporate restructuring. corporate america needs some kick to become a little bit more efficient and less entrenched and that ll do our economy a lot of good. victory did not come cheap.