By 1976, Milken's income at what was now Drexel Burnham Lambert was estimated at $ 5 million a year.

The most intriguing charge was that Boesky paid Drexel $ 5. 3 million in 1986 for Milken's share of profits from illegal trading.

Milken's sentence was later reduced to two years from ten ; he served 22 months.

On September 7, 1988, Milken's employer, Drexel Burnham Lambert, was alleged to have participated in committing an element of RICO.

The transaction was backed by a total of $ 900 million in high yield bonds and preferred stock underwritten by Michael Milken's group at Drexel Burnham Lambert as part of an exchange offer.

Fox and others ; " The Family Celebration " ( 2001 ), which was co-hosted by President Bill Clinton and his wife, Hillary Rodham Clinton, and David E. Kelley and his wife, Michelle Pfeiffer ; and Michael Milken's CapCure event, which raises funds for cancer research.

KinderCare was acquired in 2005 by the Knowledge Learning Corporation ( KLC ) division of Michael Milken's privately held education services firm, Knowledge Universe.

Critics of the government charge that the government indicted Milken's brother Lowell in order to put pressure on Milken to settle, a tactic condemned as unethical by some legal scholars.

Milken's high-yield " pioneer " status has proved dubious as studies show " original issue " high-yield issues were common during and after the Great Depression.

Although both investigations were almost entirely focused on Milken's department, Milken refused to talk with Drexel ( which launched its own internal investigation ) except through his lawyers.

At the very least, Milken's actions were a serious breach of Drexel's internal regulations, and the money managers had breached their fiduciary duty to their clients.

The discovery of MacPherson Partners — whose very existence had not been known to the public at the time — seriously eroded Milken's credibility with the board.

By the mid-1980s, Milken's network of high-yield bond buyers ( notably Fred Carr's Executive Life Insurance Company and Tom Spiegel's Columbia Savings & Loan ) had reached a size which enabled him to raise large amounts of money very quickly.

At Milken's sentencing, Judge Kimba Wood told him:

Milken's compensation, while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s, exceeded $ 1 billion in a four-year period, a new record for US income at that time.

For example, Charles Keating paid $ 51 million from Michael Milken's junk bond operation for Lincoln Savings and Loan, which at the time had a negative net worth exceeding $ 100 million.

Without question, many leading entrepreneurs of the 1980s owe their success at least partly to Milken's perception of this market opportunity.

Federal investigators also questioned some of Milken's relatives — including his aging grandfather — about their investments.

Some of Milken's children also got warrants, according to Stewart, raising the appearance of Milken self-dealing.

After Williams died of cancer, Milken's handlers hired various other attorneys and his case became more difficult.

Fleischman with eight was to patrol the Leyte Gulf area, with his main task to get any kamikaze before they got to the ships.

In certain respects, their task was incomparably greater than ours today, for there was nobody before them to show them the way.

It was a gargantuan task ; ;

Had it been bestowed while the Secretary General of the United Nations was living, unquestionably he would have been greatly encouraged in pursuing a difficult and, in many ways, thankless task.

He could no longer build anything, whether a private residence in his Pennsylvania county or a church in Brazil, without it being obvious that he had done it, and while here and there he was taken to task for again developing the same airy technique, they were such fanciful and sometimes even playful buildings that the public felt assured by its sense of recognition after a time, a quality of authentic uniqueness about them, which, once established by an artist as his private vision, is no longer disputable as to its other values.

In such a case, however, we would encourage the recipient country to get on with its programing task, supply it with substantial technical assistance in performing that task, and make it plain that an expansion or even a continuation of our assistance to the country's development was conditional upon programing progress being made.

The sole guidance given the Court for discharging the task committed to it was this: ``

The old way of doing things, which depended on a relatively stable community with stable ideas dealing with familiar situations, was no longer adequate to the task.

The legislative mills have been grinding ever since, and when its cumbersome processes were no longer adequate to the task, a limited legislative authority was delegated in one form or another, to the executive.

It is true that, initially, the task was to remove restrictions that, it was thought, inhibited the free flow of money, goods, and labor ; ;

The task of taking the raw material of Marcel Pagnol's original trio of French films about people of the waterfront in Marseilles and putting them again on the screen, after their passage through the Broadway musical idiom, was a delicate and perilous one, indeed.

It was an era of constitution writing — most states were busy at the task — and leaders felt the new nation must have a written constitution, even though other nations did not.

As the 6502 by itself was too slow to control both the game play and the vector hardware at the same time, the latter task was delegated to the DVG.

This difficult task was accomplished by Count Peter Tolstoi, the most subtle and unscrupulous of Peter's servants.

The campaign was sure to be a struggle ; the Whigs nominated their " Eagle Orator " Gustavus Henry, and Johnson wasted no time in calling him to task for his " Henry-mandering " of the First District, as their debates made their way across the state from one county seat to the next.

" The pair's first task of the moonwalk was to unload the Lunar Roving Vehicle ( LRV ), along with other equipment, from the Lunar Module.

The day's next task was to deploy the Apollo Lunar Surface Experiments Package ( ALSEP ); while they were parking the lunar rover, on which the TV camera was mounted, to observe the deployment, the rear steering began functioning without explanation.

The crew's next task, after jettisoning the Lunar Module ascent stage, was to release a sub-satellite into lunar orbit from the CSM's Scientific Instrument Bay.

Decipherment of cuneiform was a formidable task that took more than a decade, but by 1857, the Royal Asiatic Society was convinced that reliable reading of cuneiform texts was possible.

The initial, and perhaps even sole task of philosophers, according to this view, is not to establish and demonstrate theories about reality, but rather to subject all theories — including those about philosophy itself — to critical review, and measure their validity by how well they withstand criticism.

This mixture could have proved explosive but hounded by their BMATT instructors they united in a common task ( or perhaps in the face of a common enemy!

The virtuosity of these roles is perhaps attributable to the fact that when he took up the task of composing the opera, Mozart already knew the outstanding reputations of the singers for whom he was writing, and he tailored the arias to their strengths.

Determining the date and length of Eric's reign ( before and after his father's death ) is a challenging and perhaps impossible task based on the confused chronology of our late sources.

Then a fourth dummy task can be invented, perhaps called " sitting still doing nothing ", with a cost of 0 for the taxi assigned to it.

She is quick-tempered and at first uncaring, though perhaps the best-suited for the task at hand, but is also the most reluctant.

On the other hand, newcomers to shape note singing who can already read music may feel that the shapes do not help, though the task of learning to use them might perhaps be enjoyed as a novel musical challenge.

Somewhat surprisingly to many commentators, in new orders issued on 13 July, he gave this task to Eighth Army, perhaps based on a somewhat over-optimistic situation report by Montgomery on late on 12 July, while U. S. 7th Army were to continue their holding role on Eighth Army's left flank despite what appeared to be an opportunity for them to make a bold offensive move.

After the Second World War, Britain had limited resources, perhaps insufficient to the task of keeping order.

A desiccant may be chosen for a particular task based not only on its effectiveness at drying, but also perhaps for any natural antibiotic, fungicidal, pesticidal, or virucidal effect, or for a lack of harmful effect on humans.

Usually said specials will present Dora with a bigger, more whimsical adventure than usual or with a magical task that must be fulfilled, or perhaps even offer a series of different adventures for Boots and Dora to travel through.

" In 1856 he was recalled because he had failed in the primary naval duty of finding and destroying the Russian squadron-partly, perhaps, because of his preoccupation with the self-imposed task of negotiating with Japan " Yet his agreements with Japan were ratified, and his conduct was officially commended.

If one is to use Gödel's technique to prove the proposition that T cannot prove, one must first prove ( the mathematical statement representing ) the consistency of T, a daunting and perhaps impossible task.

By the union of great moral qualities with high, though not the highest, intellectual faculties, he carried the Indian empire safely through the stress of the storm, and, what was perhaps a harder task still, he dealt wisely with the enormous difficulties arising at the close of such a war, established a more liberal policy and a sounder financial system, and left the people more contented than they were before.

In computer science, a computer is CPU bound ( or compute bound ) when the time for it to complete a task is determined principally by the speed of the central processor: processor utilization is high, perhaps at 100 % usage for many seconds or minutes.

In an aerobic process, optimal oxygen transfer is perhaps the most difficult task to accomplish.

Graves ’ s orders were vague, his resources overstretched, and his task, in the words of the Dictionary of National Biography, “ perhaps the most ungracious duty that has ever fallen to the lot of a naval officer .” According to his instructions, Graves was charged with supporting customs officials enforcing the various revenue and trade acts governing North American colonial trade within the empire, especially the Boston Port Act.

An alternative or perhaps complementary proposal is that right anterior insular regulates the interaction between the salience of the selective attention created to achieve a task ( the dorsal attention system ) and the salience of arousal created to keep focused upon the relevant part of the environment ( ventral attention system ).

During Leg 6, at Poás Volcano, the clue envelope appeared to contain Fast Forward instructions ; however, this was not mentioned or described, perhaps because no team took advantage, or because plans for the task fell through.

Tso Tsung Tang and his lieutenants, Kin Shun, who has since fallen into disgrace ,— perhaps he had excited the envy of his superior — and Chang Yao, accomplished a task which would reflect credit on any army and any country.

Despite ( or perhaps because of ) a reputation for fearlessness and an uncompromising nature, Bullock managed the task without killing anyone.

It does not describe a set of tactics per se ; it is certainly not limited to the tactical level of operations, nor is it a method of leadership, but it does encapsulate a style of Command-in English ( perhaps ): Tactics focused on accomplishing the task / mission as opposed to Befehlstaktik, i. e. Tactics focussed on executing a set of orders.

Since of the dozen or so captains he was by far the most experienced soldier in defence-works and defensive warfare, Wingfield supervised the construction of the fort ( 140 yards by by plus three artillery " blisters " of each )-involving the felling of perhaps 500-600 30 ft-trees, cutting them in half and burying one end firmly in the ground: a vast task.

As the angel nearer to God, or perhaps as a manifestation of the power of God himself, Yahoel is said to be also the heavenly choirmaster, the one who teaches the angels their hymn, who has the control over " the threats and attacks of the reptiles ", the angel with the chief task of protecting and watching over Israel.