The Bond King: How One Man Made a Market, Built an Empire, and Lost It All

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However, the warrants to money managers were especially problematic. At the very least, Milken's actions were a serious breach of Drexel's internal regulations, and the money managers had breached their fiduciary duty to their clients. At worst, the warrants could have been construed as bribes to the money managers, to influence decisions they made for their funds. [29]

The Bond King: How One Man Made a Market, Built an Empi…

In 2003, Milken launched a Washington, D.C.-based think tank called FasterCures, which seeks greater efficiency in researching all serious diseases. Initiatives of FasterCures include TRAIN, Partnering for Cures, and the Philanthropy Advisory Service. [57]UC Berkeley Inter-Fraternity Council: Sigma Alpha Mu". Archived from the original on November 19, 2007.

Michael Milken - Wikipedia Michael Milken - Wikipedia

Two other counts were related to tax evasion in transactions Milken carried out for a client of the firm, David Solomon, a fund manager [30] Darmiento, Laurence (October 26, 2020). "Investor Bill Gross accused of blaring 'Gilligan's Island' song on loop to torment neighbor". Los Angeles Times . Retrieved February 10, 2021. Tactics in Wall Street Cases Troubling Some Lawyers". The New York Times. May 6, 1990. Archived from the original on February 4, 2017 . Retrieved February 11, 2017. Bill Gross (1997). Everything You've Heard About Investing Is Wrong!. Crown Business. ISBN 0-8129-2839-3. Childs, Mary. "Bond King Bill Gross Is Also the King of Stamps. Now He's Getting Out" . Retrieved October 19, 2018.Planet Money's very own Mary Childs just published a book about Bill Gross called The Bond King: How One Man Made a Market, Built an Empire, and Lost It All. Today, she tells us his story. Janus Henderson Announces the Retirement of William H. Gross". www.businesswire.com. February 4, 2019 . Retrieved June 5, 2019. This was one of the best books I have read in the recent past that held me enthralled on the shennanigans of rich and powerful people. There is a tendency in our society to place successful people on a pedestal as if they are God (Elon Musk, Bill Gates come to mind). This book does a great job of showing these folks are just ordinary humans who have a number of negative sides to them. No doubt Bill Gross is a genius when it comes to investing but he is also a shallow individual that has an overblown ego...