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Richard Sandler – The Prosecution of Michael Milken (EP.372)
A long time ago, 33 years to be exact, Mike Milken pled guilty to 6 counts of violations of securities laws, went to jail for 2 years, and received a lifetime ban from the securities industry.
He was at the time the most successful and powerful man on Wall Street and remains one of the smartest and most successful backers of talent in finance, cancer research and education.
Most of us have formed beliefs about Mike based on accounts in the media or books written like Den of Thieves. We might think Mike was guilty of insider trading, for example.
The way we form beliefs is problematic and…
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