Latest Interviews
Showing 1–1 of 1 interview transcripts.
Clear all filters- Goldman Sachs31 min
Michael Milken on Capitalism and Philanthropy
Following his shift from a scientific career to finance after witnessing racial barriers to capital, Michael Milken founded the high-yield bond market at Drexel Burnham Lambert, creating a robust public and private debt structure that defied contemporary predictions of mass corporate bankruptcy. Beyond Wall Street, he has leveraged the Milken Institute to reduce prostate cancer mortality by over 80% and advocates for structural economic reforms, including replacing student loans with equity models to restore the American Dream of capital access based on merit rather than background. Milken's current global focus addresses the need to democratize advanced medical treatments and resolve U.S.-China tensions by prioritizing intellectual property rights and the shift of manufacturing away from labor arbitrage.