The Financial Times wrote in March 2019: "Active, aggressive bond investing was Gross' big innovation. Historically, insurers and pension funds were the big buyers of bonds. They rarely traded — in fact bonds were typically kept in a vault, and selling meant physically mailing them to the buyer — and enjoyed cordial, clubby relationships with Wall Street. Pimco, on the other hand, actively traded in and out of positions, expanded assertively into hot new areas like junk bonds and emerging markets, and used its increasing clout to cudgel banks into giving them better bids." [18] SEC is investigating Michael Milken, magazine says". Los Angeles Times. Archived from the original on March 5, 2013 . Retrieved March 26, 2013. Harvey A. Silverglate, a defense attorney who represented Milken during the appellate process, disputes that view in his book Three Felonies a Day: "Milken's biggest problem was that some of his most ingenious but entirely lawful maneuvers were viewed, by those who initially did not understand them, as felonious, precisely because they were novel – and often extremely profitable." [30] Ivan Boesky and an intensifying investigation [ edit ]

The Bond King | Cato Institute The Bond King | Cato Institute

Sullivan, Ronald (July 29, 1992). "Fund Manager Convicted of Taking Milken Bribes". The New York Times. Archived from the original on November 9, 2017 . Retrieved February 11, 2017. Milken, 'Junk Bond King,' could return to Wall St. after Trump pardon". Fox Business. February 18, 2020. Archived from the original on February 19, 2020 . Retrieved February 19, 2020. Frank, Robert (April 25, 2007). "The Billionaire Stamp Collector - The Wealth Report - WSJ". Blogs.wsj.com . Retrieved November 1, 2013.

Gross is a CFA Charterholder, who earned his credentials while working as an investment analyst for Pacific Mutual Life between 1971 and 1976. [11]

The Bond King: How One Man Made a Market, Built an Empire

Junk" — a new play about the first Ig Nobel Economics Prize winner (Michael Milken)". Improbable.com. November 24, 2017. Archived from the original on January 21, 2018 . Retrieved January 21, 2018. The narrative in The Bond King has a lot of King Lear in it, a bit of Game of Thrones, and definitely some Real Housewives — but with guys who have Bloomberg Terminals." -- Todd Trubey, MorningstarInformative and adventurous read, but desperately needed an editor. Basic mistakes like punctuation formatting, and flipping between using numerical dates and spelling out "two thousand twelve" are harring and take the reader out. Daniels, Cora (November 29, 2004). "The Man Who Changed Medicine". Fortune. Archived from the original on February 27, 2009 . Retrieved July 28, 2009. a b "Profile: Michael Milken". Forbes. Archived from the original on February 27, 2020 . Retrieved November 11, 2022.

the Bond World for Years. Then He Was Bill Gross Ruled the Bond World for Years. Then He Was

Gilder, George (2000). Telecosm: How Infinite Bandwidth Will Revolutionize Our World. Simon & Schuster. p.170. ISBN 9780743215947.Ayad Akhtar's play, Junk, set during the bond trading scandals of the 1980s, is partly based on Milken's "fall from grace". Milken is the inspiration for the main character in the play. [62]