Why did society say Boesky was bad, but Michael Milken was great?!
As one who worked at Drexel Burnham in NY, I can answer that at length if desired, and EASILY SO. Drexel Burnham was a great place to work, even if you were back office, accounting, etc. I started there in 1982 in the accounting department.
Starting pay nothing special, but when times were good, large bonuses to us. I got 13 weeks in my third year. To this day, Giuliani is my least favorite Republican, after he perp walked Timothy Tabor, who was never even CHARGED with anything. Giuliani was a piece of shit who climbed to the top on the backs of a lot of hard-working, innocent people.
Boesky vs Pelosi
Boesky used Milken
Pelosi is a crook, but won’t admit it.
Boesky admitted insider trading, after the bell on a Friday. Knocked the market silly Monday morning.
Milken was never charged with insider trading, because he WAS the market, one he invented from a tiny thing. Milken was convicted of a technical term called parking, holding a position for someone else to conceal who the owner was.