Michael Milken: The Junk Bond King

Was he a greedy hustler? or Was he doing what he believed in and just making a lot of money, perhaps, some of it through questionable means? 2. Had he crossed the point of no return? If he stopped what he was doing, perhaps, his entire creation could come crashing down. He was instrumental to the ecosystem he had created and realized his pivotal role, he had to keep going. 11 3. He traded for the firm and many times when he traded for his own account, was it only when the firm did not back him on certain deals? 4. He awarded interests in his investment partnerships to portfolio managers in return for investing in his funds. Is this a question of simple incentives or was it much more?