4 ms·
As much crap as Michael Milken has gotten, I agreed what he said on junk bonds: Dollar by dollar, junk bonds did create a lot jobs. They funded risky businesses
by TrackerFF 7y ago
As much crap as Michael Milken has gotten, I agreed what he said on junk bonds: Dollar by dollar, junk bonds did create a lot jobs. They funded risky businesses, in the same way venture capital does today. Problem arises when they are used in deceptive ways.