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Michael Milken

Labor Day: Created in Six Days From Collective Guilt and a Stubborn Landlord

Kevin Walsh | Posted 08.30.2014 | Detroit
Kevin Walsh

This weekend, we're celebrating the end of summer -- the bookend to Memorial Day and a great Monday to have off. Labor Day was created to supposedly honor the American worker but was passed in record time in 1887 by a Congress and president with a guilty-conscience. It was strictly a PR move.

High-Frequency Trading Marks High Water of Financial Corruption

David Paul | Posted 06.12.2014 | Business
David Paul

When a person or firm makes too much money for too long, it turns heads. And so it was with Steven A. Cohen. Year after year, Cohen's firm, SAC Capital, beat the Street. Big bets, the theory went.

Investors Who Bet Against the Market: Goldman Sachs Trader Convicted

D. Sidney Potter | Posted 09.11.2013 | Business
D. Sidney Potter

Someone once told me that it isn't hitting the pavement after jumping out of a high-rise building that kills you, it's the sudden stop. When I first ...

Hamptons Journal: Hall & Oates Rock Rydell High Evoking Nostalgia for the Mid-Century

Regina Weinreich | Posted 10.25.2013 | Entertainment
Regina Weinreich

Among the many pleasures of the Grease-themed benefit for the Prostate Cancer Foundation this weekend in Wainscott, was seeing Michael Milken in a let...

Jonathan Macey's The Death of Corporate Reputation

Robert Teitelman | Posted 06.23.2013 | Business
Robert Teitelman

There is much more to be done before we can get a sense of what really happened to the power of reputation on Wall Street.

Judy Resnick's Financial Advice for Women Starts Here: Your Worst Investment? Bet It All on One Man

Jesse Kornbluth | Posted 05.03.2013 | Books
Jesse Kornbluth

I was also taken by Judy's success story. She didn't begin her career in finance until she was 40, but her ascent was meteoric. Eight years after she started working as a broker, she co-founded her own firm.

An Open Letter to Aaron Swartz's Prosecutor: 'His Supporters Find You Guilty.'

Jesse Kornbluth | Posted 01.14.2013 | Politics
Jesse Kornbluth

It is inconsiderate to download lots of files on shared WiFi or to spider Wikipedia too quickly, but none of these actions should lead to a young person being hounded for years and haunted by the possibility of a 35 year sentence.

We Have A Thing For Junk

AP | MATTHEW CRAFT | Posted 05.26.2012 | Money

NEW YORK — Americans have a thing for junk. Stock prices have doubled in the past three years, and everyday investors keep pulling money out of...

Top 5 White Collar Criminals Ever

Newsone.com | David Moye | Posted 01.13.2012 | Crime

As the world's eyes turn to Wall Street as a source of financial distress, maybe its time to look at the corporate criminals who have decimated our fi...

The Big Banks Lose Control of the Optics

Joseph A. Palermo | Posted 12.06.2011 | Business
Joseph A. Palermo

If the feds under Reagan could prosecute a couple of corrupt high rollers on Wall Street, why can't they do it under Obama?

Debt Ceiling Battle Offers House Republicans Untold Leverage

David Paul | Posted 09.16.2011 | Business
David Paul

Both the President and Senate leaders believe that the fear of default should provide enough motivation to get something done. But so far, the House leadership is not biting.

The Rich Won't Speak For Themselves. So I'll Step Up.

Jesse Kornbluth | Posted 09.11.2011 | Politics
Jesse Kornbluth

Do the top one percent of American taxpayers truly believe that the government should shut down if we increase their taxes by what amounts to a rounding error? They're conspicuously silent of late.

Anna Almendrala

How To Improve CA's Schools, According To Eli Broad & Others (VIDEO)

HuffingtonPost.com | Anna Almendrala | Posted 07.20.2011 | Los Angeles

"Why is it during a period of budget downturn," NBC Nightly News anchor Brian Williams asked, "why does education -- you'll forgive the phrase -- take...

Alissa Finerman Has No Regrets

Michael Martin | Posted 01.20.2012 | Los Angeles
Michael Martin

The former bond trader and Wharton MBA got burnt out from the corporate life and felt passionless at work. That meant leaving Wall St. and enrolling in a coaching program at NYU.

Los Angeles Power Couples: The Essential List (PHOTOS)

The Huffington Post | Lucy Blodgett | Posted 07.06.2011 | Los Angeles

Los Angeles loves its stars -- and if they come in pairs, all the better. But this list doesn't focus on couples like Brad Pitt and Angelina Jolie; in...

Rajaratnam Paid For Tips, Man Testifies

Reuters | Grant McCool and Basil Katz | Posted 05.25.2011 | Business

NEW YORK (Reuters) - A disgraced former McKinsey & Co partner told jurors he leaked secrets about the elite consulting firm's clients in exchange ...

The Junk-Bond Market Is Booming Like Never Before

nytimes.com | NELSON D. SCHWARTZ | Posted 05.25.2011 | Business

The market for high-yield securities, as junk bonds are more politely known in the business, is booming as never before. And Mr. Casey, one of today's...

THE SKINNY: LACMA Celebrates New Pavilion And Growing Costume Collection

Posted 05.25.2011 | Arts

WHO: Host committee includes Shelli Azoff, Eva Chow, David Geffen, Carole Bayer Sager, Michael Milken, and Jane Nathanson. WHAT: LACMA's Resnick Pav...

Jaywalking in LA: News and Gossip of the Restaurant World

Jay Weston | Posted 05.25.2011 | Los Angeles
Jay Weston

The energetic, ambitious Vietnamese House of An family has opened its 5th eatery in Santa Monica, Tiato (named after a Vietnamese herb), serving breakfast and lunch.

7 Questions for Michael Milken, Small Business Advisor

minyanville.com | Kevin Depew | Posted 05.25.2011 | Business

It takes a certain Type A personality to excel in management, and running even a small to medium-sized business can be a herculean task. Which is why ...

"Bizmore": Michael Milken Launches New Business Advice Site

New York Times | Brad Stone | Posted 05.25.2011 | Media

As Forbes, Fortune, Business Week and other management magazines wither away, another business media start-up with an unusual pedigree is moving to fi...

Four Course Insanity

Anthony Citrano | Posted 05.25.2011 | Politics
Anthony Citrano

At the Milken Institute Global Conference mayor Willie Brown, Congressman Harold Ford, entertainer Rush Limbaugh, and former RNC chair Ed Gillespie all graded Obama's first 100 days.

Bush Denied Pardon Requests From George Ryan, Edwin Edwards, Randall ``Duke'' Cunningham, Mario Biaggi and Michael Milken

Tribune | Posted 05.25.2011 | Politics

President George W. Bush, on his last full day in office, formally struck down the petitions for clemency of some high-profile politicians and busines...

Getting Ready for the Bush Pardons

Hoyt Hilsman | Posted 05.25.2011 | Politics
Hoyt Hilsman

It would be wrong for an outgoing President who presided over disastrous... enterprises like the torture program to unilaterally slam the door on all future investigations into that conduct.

The Race is on for Presidential Pardons from Outgoing President George Bush

Mario Almonte | Posted 05.25.2011 | Politics
Mario Almonte

Surprisingly, having issued only 171 pardons so far, Bush has been one of the most frugal presidents since World War II. Some suspect that distinction is about to change.