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Article: THE RESURRECTION OF MICHAEL MILKEN.
- Article from:
- The American Prospect
- Article date:
- March 13, 2000
- Author:
CopyrightCOPYRIGHT 2000 The American Prospect, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Late last summer, the organizers of an annual convention called TechLearn '99 announced that two of the most famous icons of the 1980s would keynote the event. The first was Bill Cosby, one of the decade's most popular entertainers; the second was Michael R. Milken, the "junk bond king" who became a symbol of the decade's greed when he was sentenced to prison for securities fraud. Until recently, Milken's presence on the stage with Cosby would have seemed like a bizarre joke.
But that juxtaposition is just one sign of an amazing comeback. When Milken was sentenced to prison on November 21, 1990, he was one of the most reviled men in America. But today, nearly a ...