“On April 7, 1989, Michael R. Milken strode confidently up the steps of the federal courthouse at 40 Centre St. in Manhattan, federal marshals having cleared a path for his arrival. Lining the path were dozens of young men, each doing his best Charlie Sheen from the movie "Wall Street."
In their slicked-back hair, pin-striped suits, suspenders and power ties, they all broke into applause — an act of defiance as their hero, who as a Drexel Burnham Lambert executive had pioneered the use of junk-bond financing that powered the 1980s boom, prepared to face his reckoning in the highest-profile white collar crime case of its day.”
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