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Forum Post: Why have Michael Milken, Lowell Milken, and their destructive forces moved into education?

Posted 12 years ago on Oct. 26, 2011, 5:38 p.m. EST by JeffCallahan (216)
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Why have Michael Milken, Lowell Milken, and their destructive forces moved into education? To loot the system the same way they looted investors. Michael Milken and his brother Lowell Milken are in the process of looting the education system Even during the height of the Reagan Revolution federal authorities used RICO, normally aimed at mafia titans, to prosecute Michael Milken and his brother Lowell Milken. He pleaded guilty to six felonies of conspiracy and a host of tax and mail frauds and was sentenced to ten years in prison. Although Milken served less than two years he also paid what was then the biggest single fine in American history: $900 million. Boesky and Milken became the poster boys for the shady deals and widespread "control frauds" that were taking place on Wall Street throughout the 1980s. Their criminal convictions marked an end to an era of fast money and high-stakes gambling that had put the "real" economy at risk and were a factor in the October 19, 1987 stock market crash. Now Michael Milken and his brother have moved into education, they founded and own TAP (Teacher Advancement Program), NIET (National Institute for Excellence in Teaching.) You have to be careful when you research these thugs because when they steal hundreds of millions they then turn around and give away a few million here and there to clean up their reputations. And they have a masterful PR Firm.

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[-] 1 points by JeffCallahan (216) 12 years ago

Care to comment in a way that demonstrates any understanding of what is going on. This isn't an issue to be glib about.

[-] 1 points by bronxj (150) 12 years ago

They couldn't do half as bad a job as government has done for decades.