Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for high-yield bonds ("junk bonds"), [2] and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. [3]

Mar 7, 2025 · Michael Milken, American financier whose ‘junk bond’ operations fueled many of the corporate takeovers of the 1980s. In 1990 he pleaded guilty to six counts of securities fraud and served time in prison. He was pardoned by U.S. President Donald Trump in 2020.

5 days ago · Mike Milken joined what became investment bank Drexel Burnham Lambert in 1969 and expanded the market for high-yield junk bonds. He was banned from the securities industry...

Feb 19, 2020 · President Trump pardoned financier Michael Milken Tuesday. Decades ago, he changed Wall Street when he created the junk bond market. Then he got arrested and turned to philanthropy.

Feb 15, 2025 · Michael Milken is a philanthropist and chair of the Milken Institute. He joined Drexel Burnham Lambert in 1969 and traded in high-yield bonds, which earned him the nickname "junk...

Named one of the '75 Most Influential People of the 21st Century' by Esquire magazine, Michael Milken has driven social change with a consistent focus on disrupting - and improving - the status quo. Lifestyles magazine says he has played an "outsized role in American society."

Mike Milken's career has mirrored his four main professional passions: medical research, education, public health and access to capital.

The career of Michael Milken, co-founder of the Milken Family Foundation, has mirrored his three main professional passions: medical research, education and finance. In each, he has been uniquely successful in creating value.

Apr 30, 1990 · A s the presiding financial genius of the Roaring Eighties, Michael Milken pioneered the $200 billion junk-bond market that powered the decade’s epic takeover wars.

Oct 18, 2005 · Michael R. Milken, who revolutionized U.S. finance in the 1980s but became a symbol of its excesses, was sentenced Wednesday to 10 years in prison for his role in the biggest scandal in...