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The Latest Breaking News from Michael Milken

At a Conference Where CEOs Manage $15 Trillion, Michael Milken Did the Math Out Loud: A Single $10,800 Deposit Becomes $1 Million — But Only if You Hit 1 Number

Compound interest is still king and the real key to wealth, but maintaining a consistent rate of return is much harder said than done in reality.

Barchart

If a company replaces its CEO with...: Indian-origin tech leader says he backtested billionaire Michael Milken's idea

Indian-origin tech leader Deedy (Debarghya Das) shared what billionaire Michael Milken said about Indian-origin CEOs replacing US-born CEOs in US companies and presented the results of it, triggering a huge social media debate. Milken said earlier that if a US company replaced the US-born CEO with a CEO born in…

The Times of India

Howard Marks Turned A Random Call Into A $224B Empire — Why He Chose Bonds Over Stocks

Oaktree co-founder Howard Marks built a $2.2 billion fortune in bonds he never chose. He told entrepreneur Nikhil Kamath how a 1978 phone call shaped a 48-year career.

International Business Times UK

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3 Income Stocks The Best In The Business Are Buying Now

The story of Ares Management Corporation (NYSE:ARES) begins in the rubble of one of Wall Street’s most spectacular collapses. When Drexel Burnham Lambert imploded in 1990 amid the Michael Milken junk bond scandal, it scattered thousands of employees across the financial industry. Among them was Tony Ressler, who served as…

Benzinga

Ghislaine Maxwell may testify before Congress. A look at other criminals who have also done so

The U.S. Congress is preparing to subpoena testimony from Ghislaine Maxwell

The Independent UK

As the last tariff-free freighters pull into LA, China trade talks will begin on Friday

Also: U.S. exports to China fall 40%, Democrats want to ban the president from owning crypto.

Fortune

Treasury Secretary touts ‘golden age economy’ in Milken speech but says little on tariffs

Scott Bessent predicted that “trading relations will be stronger” but largely avoided the topic of tariffs in an onstage speech.

Fortune

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Investor who inspired infamous ‘Wall Street’ Gordon Gecko character dies at age 87

“Greed is all right, by the way. I want you to know that. I think greed is healthy,” Boesky once famously said

The Independent UK

Ivan Boesky, stock trader convicted in insider trading scandal, dead at 87, according to reports

Ivan F

The Independent UK

'I don't see any evidence of aliens.' SpaceX's Elon Musk says Starlink satellites have never dodged UFOs

Elon Musk isn't convinced that aliens have ever visited Earth, according to remarks the SpaceX CEO and founder made during a conference on Tuesday (May 7).

Space

What is the foundation behind the Ruth Bader Ginsburg award controversy?

No awards will be given this year, the foundation told NPR, after a controversy exploded over changes to what was once called the Justice Ruth Bader Ginsburg Woman of Leadership Award.

WEKU

The RBG Leadership Awards are Rescinded

A few days I go, I blogged about the rather insensitive action by the Dwight Opperman Foundation to award the RBG Leadership Awards this year to a bizarre list of honorees: Elon Musk, Rupert Murdoch, Martha Stewart, Michael Milken, and Sylvester Stallone. On Tuesday, then Foundation backtracked and cancelled this…

Reason

RBG award ceremony canceled amid controversy over recipients

Rupert Murdoch, Elon Musk and junk bond creator Michael Milken were among the recipients of the 2024 Ruth Bader Ginsburg Leadership Award.

WEKU

RBG's family condemns the selection of recipients of an award named in her honor

The Justice Ruth Bader Ginsburg Leadership Award was created to honor women who have created positive change in society. RBG's family says this year's change in selection criteria betrays her legacy.

WEKU

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Fortune

One of Wall Street's top investors says banks forgot 'Finance 101', landing them in same crisis the sector has been seeing for decades

“How many times are we going to learn this lesson?” he questioned after the collapse and rescue of First Republic.

People

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