Michael Milken is a very smart , very driven and very flawed human being . He started dealing in junk food and took a good idea too far . His competitive ##ness and obsession with control led him to do sleazy things . Making junk mainstream is what did Milken in -- and ultimately what did in the junk bond market. When the world was small no one cared what he was doing , but when it was big , that changed . The SEC went after Milken only when a trail of stool pigeons fingered Ivan F. Boesky , who knew Milken . Milken was brilliant , but he had no sense of how people perceived him . He did n't blame himself for his problems , but blamed the media . Now he has lost everything .
Michael Milken is a very smart , very driven and very flawed human being . He started dealing in junk food and took a good idea too far . His competitive ##ness and obsession with control led him to do sleazy things . When the world was small no one cared what he was doing , but when it was big , that changed . The SEC went after Milken only when a trail of stool pigeons fingered Ivan F. Boesky , who knew Milken . Milken was brilliant , but he had no sense of how people perceived him . He did n't blame himself for his problems , but blamed the media . Now he has lost everything .