The Junk Bond Revolution

This is a tale of greed, skulduggery and conspiracy in high places during the "roaring eighties", when Wall Street was shaken from top to bottom by the radical methods of Michael Milken's Junk Bond Revolution. This book argues that, although the junk bond was undoubtedly exploited by cynical and greedy operators, Milken himself was a man with a genuine vision of how the capitalist system could benefit ordinary Americans, and that he was the victim of a conspiracy engineered by corporate and financial power-brokers anxious to protect their own positions.