ABU DHABI: On the margins of the Milken Institute's second MENA Summit, I had a chance to sit down with Michael Milken
. We had a conversation about his journey from growing up in California to becoming a major fixture in the global philanthropic firmament.
Pictured: Michael Milken
, Chairman, Milken Institute and Founder, FasterCures and Cara Familet, Foundation Director of The Chauncey F.
It's a vision worthy of Walt Disney, the name his friend Michael Milken
frequently invokes in describing Wynn.
As Andrew von Eschenbach, formerly the director of the National Cancer Institute and a past director of the United States Food and Drug Administration, puts it, "Michael Milken
changed the culture of medical research.
In addition to Zuckerberg and Moskovitz, the world's youngest billionaires, pledges were made by AOL co-founder Steve Case, financier Carl Icahn and Michael Milken
, a former Wall Street executive who went to prison in the early 1990s for securities violations.
Other legendary Wall Street names at the event included Bill McLucas of WilmerHale, the counselor of choice to troubled boards of directors (Enron, WordCom) and the SEC's longest-serving Director of Enforcement; Barry Goldsmith and John Sturc of Gibson Dunn, both of whom played integral roles in the SEC's prosecution of Boesky, Michael Milken
, and the now-disgraced investment bank Drexel Burnham Lambert
The development of APC-100 has been funded by Michael Milken
's Prostate Cancer Foundation, the Department of Defense's Congressionally Directed Medical Research Programmes' (CDMRP) Prostate Cancer Research Programme (PCRP) and the National Cancer Institute (NCI).
However, to give your readers a hint of these cases, and without giving away any confidentialities, here are a few clues: Howard Robard Hughes.John DeLorean, Michael Milken
, the space shuttle, Microsoft.
The original came from Drexel Burnham Lambert, which makes sense, since it's the same shop where Michael Milken
capitalized on high-yield (junk) bonds.
Both created (Selig was the chairman of) Integrated Resources, with the help of Michael Milken
, the junk bond king of Drexel Burnham Lambert fame in the 1980s.
Several associates, including Malone and Michael Milken
, offer conflicting accounts of Turner's attempts to seek counsel before giving thumbs up, but the episode remains awfully murky.
* Michael Milken
has always been a philanthropist promoting prostate cancer research.