Witness to a Prosecution: The Myth of Michael Milken
Written by Richard Sandler
Narrated by Richard Sandler
()
About this audiobook
In 1986, the SEC and the U.S. Attorney for the Southern District of New York began an investigation into Michael Milken, Drexel Burnham Lambert, and its High Yield and Convertible Bond Department, a department Michael created and was head of. Michael was the most successful and innovative financier of his time. Drexel, an upstart investment bank was also the most successful securities firm on Wall Street, thanks to Michael.
What was the investigation into Michael Milken going to focus on, other than his innovation in the financial markets? Mike was democratizing access to capital for the 99% of companies that could not previously access the public market and created a financial revolution that continues to this day. The high yield bond market grew rapidly from the end of the 1970’s from $70 billion to over $2.2 trillion dollars in 2022. He created an industry that gave new businesses and investors the opportunity to create value by financing companies that were too small to access the markets.
Richard Sandler decided to represent Michael as his personal lawyer, and to be responsible for working with the lawyers they hired as well as overseeing the defense. But they could never have dreamed of the chaos that lay ahead.
But the injustice that Michael Milken faced was to be on a biblical scale. Richard Sandler has, after 36 years, decided to set the record straight. With never-before-seen transcripts of court documents, and a sharp analysis of each move and countermove, Witness to a Prosecution: The Myth of Michael Milken, is difficult to put down. Whether you are someone interested in understanding the criminal investigative process, or you just want to understand who Michael Milken is and what really happened to him, you will find that this is an eye-opening and important book that will be read and discussed for years to come.
Richard Sandler
RICHARD SANDLER is executive vice president, secretary, and a trustee of the Milken Family Foundation. He has been involved with the Foundation since its formation in 1982 and has contributed to its initiatives in education and medical research. Richard chairs the board of trustees of The Jewish Federations of North America and is the former chair of The Jewish Federation of Greater Los Angeles. Richard is a partner in the law firm of Maron & Sandler. He has been an investor for over twenty-five years, including acting as the managing partner of various partnerships. He serves on the boards of directors for several companies including KU Education, Inc., Knowledge Schools, Inc., and Heron International Limited. Richard is a member of the State Bar of California and the American Bar Association. He received his law degree from UCLA Law School.
Related to Witness to a Prosecution
Related audiobooks
Catching Lightning in a Bottle: How Merrill Lynch Revolutionized the Financial World Rating: 4 out of 5 stars4/5A Nose For Trouble: Sotheby’s, Lehman Brothers, and My Life of Redefining Adversity Rating: 2 out of 5 stars2/5Uneven Justice: The Plot to Sink Galleon Rating: 5 out of 5 stars5/5Den of Thieves Rating: 4 out of 5 stars4/5Money Machine: A Trailblazing American Venture in China Rating: 0 out of 5 stars0 ratingsWhy They Do It: Inside the Mind of the White-Collar Criminal Rating: 5 out of 5 stars5/5The Orange Code: How ING Direct Succeeded by Being a Rebel With a Cause Rating: 0 out of 5 stars0 ratingsA Banker's Journey: How Edmond J. Safra Built A Global Financial Empire Rating: 0 out of 5 stars0 ratingsDiscussion Materials: Tales of a Rookie Wall Street Investment Banker Rating: 4 out of 5 stars4/5The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything Rating: 4 out of 5 stars4/5Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff Rating: 4 out of 5 stars4/5Pyramid of Lies: The Prime Minister, the Banker and the Billion Pound Scandal Rating: 5 out of 5 stars5/5Boundless: The Rise, Fall, and Escape of Carlos Ghosn Rating: 5 out of 5 stars5/5The AIG Story, + Website Rating: 4 out of 5 stars4/5The Zeroes: My Misadventures in the Decade Wall Street Went Insane Rating: 5 out of 5 stars5/5The Myth of Private Equity: An Inside Look at Wall Street's Transformative Investments Rating: 5 out of 5 stars5/5Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism Rating: 4 out of 5 stars4/5The New Financial Deal: Understanding the Dodd-Frank Act and Its (Unintended) Consequences Rating: 3 out of 5 stars3/5Exile on Wall Street: One Analyst's Fight to Save the Big Banks from Themselves Rating: 4 out of 5 stars4/5The Art of Vulture Investing: Adventures in Distressed Securities Management Rating: 5 out of 5 stars5/5VC: An American History Rating: 4 out of 5 stars4/5Raising The Bar: The Life and Work of Gerald D. Hines Rating: 5 out of 5 stars5/5Shadow Banking Rating: 0 out of 5 stars0 ratings
Corporate & Business History For You
Good to Great Rating: 5 out of 5 stars5/5Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company Rating: 4 out of 5 stars4/5Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money Rating: 4 out of 5 stars4/5Built to Last: Successful Habits of Visionary Companies Rating: 4 out of 5 stars4/5The Disney Way: Harnessing the Management Secrets of Disney in Your Company, Third Edition Rating: 4 out of 5 stars4/5The Idea Factory: Bell Labs and the Great Age of American Innovation Rating: 4 out of 5 stars4/5Nazi Billionaires: The Dark History of Germany's Wealthiest Dynasties Rating: 5 out of 5 stars5/5Hit Refresh: The Quest to Rediscover Microsoft's Soul and Imagine a Better Future for Everyone Rating: 4 out of 5 stars4/5Built from Scratch: How a Couple of Regular Guys Grew The Home Depot from Nothing to $30 Billion Rating: 4 out of 5 stars4/5Game Wizards: The Epic Battle for Dungeons & Dragons Rating: 5 out of 5 stars5/5More Money Than God: Hedge Funds and the Making of a New Elite Rating: 4 out of 5 stars4/5A Secret History of Brands: The Dark and Twisted Beginnings of the Brand Names We Know and Love Rating: 4 out of 5 stars4/5Amazon Unbound: Jeff Bezos and the Invention of a Global Empire Rating: 5 out of 5 stars5/5House of Cards: A Tale of Hubris and Wretched Excess on Wall Street Rating: 4 out of 5 stars4/5You Don't Own Me: How Mattel v. MGA Entertainment Exposed Barbie's Dark Side Rating: 4 out of 5 stars4/5Barbarians at the Gate Rating: 4 out of 5 stars4/5American Icon: Alan Mulally and the Fight to Save Ford Motor Company Rating: 4 out of 5 stars4/5Team Rodent: How Disney Devours the World Rating: 4 out of 5 stars4/5The Pixar Touch: The Making of a Company Rating: 5 out of 5 stars5/5Pharma: Greed, Lies, and the Poisoning of America Rating: 4 out of 5 stars4/5Becoming Trader Joe: How I Did Business My Way and Still Beat the Big Guys Rating: 5 out of 5 stars5/5DisneyWar Rating: 5 out of 5 stars5/5Grinding It Out: The Making of McDonald's Rating: 4 out of 5 stars4/5The Hidden History of Monopolies: How Big Business Destroyed the American Dream Rating: 4 out of 5 stars4/5
Reviews for Witness to a Prosecution
0 ratings0 reviews