Milken's lawyers are interpreting the provision to be Drexel's problem, not his. Milken new company, International Capital Access Group , is up and running and its founder says it will help members of minority groups and unions raise the capital to own companies. International Capital Access Group has already purchased between $500,000 of equipment for lease to a company that was bought out by unionized employees in 1987 . Beverly Hills says that he has been approached by several hundred companies and ICAG is doing work for several hundred of these. However, all is not that rosy. Because he is under indictment Milken can not trade or underwrite securities and many potential clients are frightened of having their names publicly associated with him.
Milken new company, International Capital Access Group , is up and running and its founder says it will help members of minority groups and unions raise the capital to own companies. International Capital Access Group has already purchased between $500,000 of equipment for lease to a company that was bought out by unionized employees in 1987 . Beverly Hills says that he has been approached by several hundred companies and ICAG is doing work for several hundred of these. However, all is not that rosy. Because he is under indictment Milken can not trade or underwrite securities and many potential clients are frightened of having their names publicly associated with him.