1990/11/21

       The Federal court for the southern district of new york hands down United states v. Milken: judge Kimba M. Wood sentences Michael R. Milken, a Wall Street high-yield bond financier, to ten years in prison, a 600,000,000 “dollar” fine and the permanent loss of his trading license for free-market (illegal) activities.

       [added 9/27/2025]

Subsequent Events:

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Michael Milken – Wikipedia
en.wikipedia.org/wiki/Michael_Milken

Current U.s. National Debt:

$38,857,671,304,563

Source