Michael Milken on CNBC - this kind of amazes me, really . . . [View All]

[HughBeaumont]

How does a guy who was

* indicted on 98 counts of securities fraud and racketeering,

* eventually convicted of 6 counts of fraudulent securities reporting (felonies, last I checked),

* sentenced to 10 years in prison (of which he served less than 2 years),

* forced to pay $200 million in fines, $400 million in restitution (he paid $1.1 billion for all
lawsuits related to his actions while working as a junk bond trader at Drexel)

. . . come out of prison even richer than he was before???

He has a net worth of 2 billion dollars.

If any of US stole even $500, we'd never work again and die in squalor.

What makes HIS theft legal?

What makes ANY financial pirate's theft LEGAL?

Why and how are these people allowed to get away with their crimes?