Article: Fairness Debate Flares as Panel Calls Drexel's Milken to Testify;Public Hearing Questioned; Executive Says He'll Take Fifth

A House subcommittee's decision to summon Drexel Burnham Lambert junk bond chief Michael Milken to a public hearing today has touched off a debate over whether the panel is being unfair to Milken.

Milken, the subject of civil and criminal investigations into his dealings with former stock speculator Ivan F. Boesky and other matters, is set to appear before the House oversight and investigations subcommittee chaired by Rep. John D. Dingell (D-Mich.). The subcommittee staff has been conducting a separate investigation into possible junk bond market manipulation involving Milken and other Drexel employees; Drexel officials repeatedly have asserted they know of no wrongdoing by anyone at the ...

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