License to Steal: The Untold Story of Michael Milken and the Conspiracy to Bilk the Nation

Customer Reviews

"The world of Michael Milken--a world in which he could:

*Orchestrate the creation of a whole network of federally insured saving & loans to which he could sell vastly overvalued Drexel junk bonds--at a cost of billions of dollars to depositors and taxpayers;

*Pump up from nothing an insurance company network, induce it to buy his junk bonds, and then watch it fail, throwing hundreds of thousands of policyholders into panic;

*Own a powerful stake in a prestigious bond-rating house that actually rated his own bonds;

*Take a well-regarded national chain of daycare centers and make it a captive of the Drexel machine, force-feeding it junk until it collapsed;

*Command a national network of journalists who would write that Milken was doing good works even after he was in prison.

This is the world of Michael Milken, a financial manipulator so powerful that he was, in the words of the author, Benjamin J. Stein, "...almost a force of nature." " This is a great book! Get it.

Other suberb, outstanding must reads on the Milken subject: "Den of Thieves" by James B. Stewart; and "The Predators's Ball" by Connie Bruck. Three great reads on Michael Milken. Any other recommended good books on the subject?

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