License to Steal: The Untold Story of Michael Milken and the Conspiracy to Bilk the Nation

Rating:
Summary: Bogus
Review: A loose account of innuendos woven together haphazardly without illuminating the reader with anything even remotely substantive or factual. To say Milken caused, or had anything to do with the S&L crisis, is not only wrong, it is insulting to anyone who has taken the time to study the events and understand the facts. The author has evidently decided to rely on hearsay evidence to back up pre-assumed (and ultimately false) conclusions.

Rating:
Summary: Bogus
Review: False assumptions leads one to false conclusions. The author has not done their homework in researching exactly what happened.
To say Milken precipitated the S&L crisis is simply not true and ignores the facts. But then again, authors need to sell books.
Less fodder and more critical thinking would have been appreciative.

Rating:
Summary: Bogus
Review: False assumptions leads one to false conclusions. The author has not done their homework in researching exactly what happened.
To say Milken precipitated the S&L crisis is simply not true and ignores the facts. But then again, authors need to sell books.
Less fodder and more critical thinking would have been appreciative.

Rating:
Summary: Suberb story of Michael Milken, King of the Universe
Review: The back of the book highlights are the tip of the iceberg to a great book... and is right on:

"The world of Michael Milken--a world in which he could:

*Orchestrate the creation of a whole network of federally insured saving & loans to which he could sell vastly overvalued Drexel junk bonds--at a cost of billions of dollars to depositors and taxpayers;

*Pump up from nothing an insurance company network, induce it to buy his junk bonds, and then watch it fail, throwing hundreds of thousands of policyholders into panic;

*Own a powerful stake in a prestigious bond-rating house that actually rated his own bonds;

*Take a well-regarded national chain of daycare centers and make it a captive of the Drexel machine, force-feeding it junk until it collapsed;

*Command a national network of journalists who would write that Milken was doing good works even after he was in prison.

This is the world of Michael Milken, a financial manipulator so powerful that he was, in the words of the author, Benjamin J. Stein, "...almost a force of nature." " This is a great book! Get it.

Other suberb, outstanding must reads on the Milken subject: "Den of Thieves" by James B. Stewart; and "The Predators's Ball" by Connie Bruck. Three great reads on Michael Milken. Any other recommended good books on the subject?

Rating:
Summary: Bogus
Review: The back of the book highlights are the tip of the iceberg to a great book... and is right on:

"The world of Michael Milken--a world in which he could:

*Orchestrate the creation of a whole network of federally insured saving & loans to which he could sell vastly overvalued Drexel junk bonds--at a cost of billions of dollars to depositors and taxpayers;

*Pump up from nothing an insurance company network, induce it to buy his junk bonds, and then watch it fail, throwing hundreds of thousands of policyholders into panic;

*Own a powerful stake in a prestigious bond-rating house that actually rated his own bonds;

*Take a well-regarded national chain of daycare centers and make it a captive of the Drexel machine, force-feeding it junk until it collapsed;

*Command a national network of journalists who would write that Milken was doing good works even after he was in prison.

This is the world of Michael Milken, a financial manipulator so powerful that he was, in the words of the author, Benjamin J. Stein, "...almost a force of nature." " This is a great book! Get it.

Other suberb, outstanding must reads on the Milken subject: "Den of Thieves" by James B. Stewart; and "The Predators's Ball" by Connie Bruck. Three great reads on Michael Milken. Any other recommended good books on the subject?