I was thinking he was more of a Jack Welch more than a typical grifter really
I was thinking he was more of a Jack Welch more than a typical grifter really
He’s seems like one of those shady ass business types that will run a company into the ground while trying to maximize his personal earnings before he skips town on a solid gold private jet.
Looking at the numbers given on Wikipedia is ludicrous.
“Milken’s compensation while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s exceeded $1 billion over a four-year period, a record for U.S. income at that time.”
That’s already nuts but then you look at the company’s financials and its even more insane.
Revenue: US$4.8 billion (1968)
Net Income: US$545.5 million (1968)
The guy was syphoning off a whole fifth of the company’s entire revenue for the last years of its existence before it went bankrupt.
“[Kevin Klowden, chief global strategist at the Milken Institute] explained that the work stoppage will impact other businesses besides production, including restaurants, catering companies, trucking agencies, and dry cleaning businesses, among many others. ‘The main thing we’re really factoring into it is the lost wages,’ Klowden told Yahoo Finance Live”
Got to sow that discontent for the strikers among other workers. As if the Hollywood business execs give 2 shits.
Also checked up about this Milken Institute and of course it’s some scumbag think tank. The opening paragraph on their Wikipedia page is great and totally makes them seem like a reputable and unbiased source.
“The institute was founded in 1991 by Michael Milken, a former Drexel Burnham Lambert banker who gained notoriety for significant financial success as a pioneer of “junk bonds” as well as his subsequent felony conviction and prison sentence for U.S. securities law violations.”
And this is nothing new at all for Apple. I still remember how infuriating it was having to deal with iTunes for moving files to and from my iPod Touch. Jailbreaking so I didn’t have to deal with iTunes was such a relief
Android obviously having no issues with you just having direct access to the file system makes it so much easier
You mean the fact that the biggest initial source of support the Nazis got was from the emerging business class who were scared of the rising influence of labor unions? Can’t imagine why that gets pushed under the bed.
Not like we had that nearly happen here in the US or anything though. Just don’t look into the Business Plot or that many of the Jan 6thers turned out to be small business tyrants…
Just remember that the most dangerous Nazis aren’t the skinheads on the corner but the ones on Wall Street.