Trump pardons Michael Milken - www.cnbc.com

Excerpts from article:

...President Donald Trump issued a pardon Tuesday to Michael Milken, the former junk bond king who became a face of the insider trading financial scandals of the 1980s.

...Trump, in announcing the pardon, cited the "Incredible job" that Milken has done supporting cancer research since pleading guilty in 1990 to racketeering and securities fraud charges.

...CREW noted in its Freedom of Information Act request that several news outlets had reported that Mnuchin was advocating for a pardon for Milken, and that The New York Times had reported last year that Mnuchin flew on Milken's private airplane from Washington, D.C., to Los Angeles.

..."Over the years, Mr. Milken - either personally or through foundations he created -has provided hundreds of millions of dollars in critical funding to medical research, education, and disadvantaged children. Mr. Milken's philanthropy has been particularly influential in the fight against prostate cancer and has been credited with saving many lives."

Submitted 1528 days ago


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