Thursday, May 06, 2004

SOUNDS LIKE HERESY, BUT IT'S THE TRUTH

Mother Teresa helped many people, but Michael Milken helped more.
-- John Stossel, "In Defense of Greed," Forbes, Feb. 2, 2004 *

Many vilify Milken. No question he stepped over the line in his business dealings in the '80's, but Mike Milken and his single-handed, single-minded approach to financing the growth of small to medium-sized companies is probably the biggest contribution made to corporate finance in my lifetime. And, in turn, those companies created millions of jobs.

So, as heretical as it may sound, Milken put far more loaves of bread on the table than Mother Teresa and these days is doing far more.


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