Michael Milken

Ivan F. Boesky, a prominent figure in the 1980s Wall Street insider trading scandals, died Monday at the age of 87. His daughter, Marianne Boesky, confirmed the news, according to The New York Times. An inspiration for the character Gordon Gekko in Oliver Stone‘s movie “Wall Street...

Billionaire Elon Musk has won many awards and accolades over the years thanks to his entrepreneurial spirit and leadership of several of the most well-known companies in the world. But now a previously announced award Musk was set to receive has been cancelled after backlash. What Happened: Musk...

Noted investor, Michael Milken, has predicted that the Federal Reserve will adopt a careful approach to monetary policy to avoid a repeat of the 1970s-era severe inflation. What Happened: CNBC reported on Dec. 11, 2023, that Milken, the founder of the Milken Institute,...

The Milken Global Conference, often considered the American counterpart to Davos, is a prestigious gathering of prominent figures from finance, philanthropy, technology, media, and various other aspects of culture. With a three-day ticket priced at over $20,000, the event consistently sells out...

Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Dec. 21, 1988, Drexel Burnham Lambert high-yield bond guru Michael Milken pleaded guilty to six counts of stock parking and stock manipulation. Where Was The Market? The S&P 500...

President Donald Trump exercised the power of clemency to pardon seven convicted felons and commute the sentence of four others, the White House said in a statement on Tuesday. What Happened The individuals pardoned include financier Michael Milken, real estate developer Edward DeBartolo...

Executives formerly managing Michael Milken’s money at his family office, Silver Rock Financial LLC, have decided to start a hedge fund, the Wall Street Journal reported, mentioning securities filings and people familiar with the issue. Milken, a famed junk-bonds trader at Drexel Burnham...

After a long week at work, there are few better ways to wind down than by holding an at-home movie marathon. However, instead of rotting your brain with the latest slapstick comedies, there is a plethora of films out there that can provide a bit of knowledge or at very least, some motivation to...

Like so many of the world's most well-known billionaires, Mark Zuckerberg has taken the first step in becoming a grand-scale philanthropist. The Wall Street Journal reports that Zuckerberg has signed onto the Giving Pledge, which asks its signatories to commit publicly to give away the majority of...

Patrick Byrne, the president and CEO of Overstock.com, Inc. (NASDAQ: OSTK), caused quite a stir with his use of the term, “Sith Lord” – a term that Star Wars has reserved for the most evil leaders in the galaxy. During a recent interview with Benzinga, Byrne took the opportunity to clarify what he...