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The Junk Bond King: Michael Milken & The Wall Street Scandal That Shook the 1980s
The true story behind one of Wall Street’s most famous financial scandals. During the 1980s, Michael Milken became known as the “Junk Bond King.” Working at the investment bank Drexel Burnham Lambert, Milken helped pioneer the modern market for high-yield bonds, also known as junk bonds. These risky financial instruments allowed companies ...
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