Inside the life of Michael Milken, the pardoned former financier who made $500 million a year in the 1980s before being sent to prison by Rudy Giuliani

· President Trump pardoned Michael Milken, the "junk bond king," on February 18.
· Milken was an innovator in the use of riskier high-yield bonds, or "junk bonds," which paid a higher interest rate than standard investment-grade bonds because of their lower credit ratings, stemming from a perceived higher risk. 
· A...