Michael Milken

5 Stories

Zuckerberg, 15 Other Tycoons Vow to Give Away Fortunes

Facebook founders join Gates, Buffett's 'Giving Pledge'

(Newser) - Facebook founders Mark Zuckerberg and Dustin Moskovitz, the youngest billionaires in America, have become the youngest billionaires in history to pledge to give away most of their money. The pair are among 16 billionaires who have recently signed the "Giving Pledge" organized by Bill Gates and Warren Buffett, the... More »

Bush Rejected Pardons for Milken, Other 'High Rollers'

'He seems to go out of his way to deny the high rollers, the prominent people,' source says

(Newser) - George Bush formally denied pardons for several prominent politicians and businessmen on his last day in office, the Justice Department told the Los Angeles Times today. Among those whose pleas fell on deaf ears were Michael Milken, a businessman convicted of insider trading and stock evasion, and Randall Cunningham, a... More »

Big Names Await News on Pardons

Gonzales, Clemens could be excused from future accusations

(Newser) - President Bush continues to be stingy with pardons, but some big names will be hoping for clemency in December, the AP reports. Among the 2,000 applicants are junk-bond king Michael Milken and American-born Taliban soldier John Walker Lindh. Bush also could excuse potential future convicts such as pitcher Roger... More »

Insider Trading May Have Net Variant

Agency investigates claims of shady profits from domain names

(Newser) - Someone call Michael Milken: Insider trading trailblazers may have found a new perch online. ICANN is investigating a poaching practice it's calling “front running,” in which buyers with inside information grab desirable domain names before others can register them. Speculation on the shadowy URL snatchers runs to viruses... More »

What CEOs Read Before They Lead

Business leaders find refuge and resource in luxury book collections

(Newser) - Scanning the personal libraries of CEOs, tech gurus and venture geniuses reveals not only what they read but how they think, the Times reports. The well-heeled have taken to housing their exorbitant collections in luxurious, custom-built, private spaces. And if you read between the lines, the literature tends to reflect... More »

5 Stories