Trump pardons Michael Milken, face of 1980s insider financial scandals

Singapore News News

Singapore Latest News,Singapore Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

President Trump has pardoned Michael Milken, the former junk bond king who became a face of the insider trading financial scandals of the 1980s.

Financier and philanthropist Michael Milken visits "Mornings With Maria" at Fox Business Network Studios on August 23, 2018 in New York City.President Donald Trump has issued a pardon of Michael Milken, the former junk bond king who became a face of the insider trading financial scandals of the 1980s.

Trump cited the "incredible job" that Milken has done supporting cancer research since his conviction for racketeering and securities fraud.But that punishment was later reduced to two years locked up after he cooperated with federal investigators.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hollywood Donors Eye Michael Bloomberg As Someone Who Can Take On Donald Trump – But Can He Stop Bernie Sanders?Hollywood Donors Eye Michael Bloomberg As Someone Who Can Take On Donald Trump – But Can He Stop Bernie Sanders?Michael Bloomberg can take on Trump, but can he beat Bernie? Over the past few weeks, many of the traditional donors who make up Hollywood’s center left are intrigued and maybe even enthralle…
Read more »

What Would Four More Years of Trump Look Like?What Would Four More Years of Trump Look Like?The death of global climate efforts. Escalating trade wars. Nuclear brinkmanship. Here, 19 visions of a future that seems more possible than ever.
Read more »

World braces for what another four years of Trump could look likeWorld braces for what another four years of Trump could look likeWhat will a second Donald Trump presidential term look like -- if it happens? That was the thought in many delegates' minds as they gathered over the weekend in the southern German city of Munich for a security conference.
Read more »

Why 'greedy' Deutsche Bank said yes to TrumpWhy 'greedy' Deutsche Bank said yes to TrumpAuthor David Enrich explains why Deutsche Bank worked with President Trump. 'In a word, because they were really greedy, and they were desperate to establish a business presence in the United States.'
Read more »



Render Time: 2025-03-25 21:00:49