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Posts Tagged ‘Junk Bond king

You can lead a man to knowledge…

… but you can’t make him think.

source

There is enough iron in a human being to make one small nail.

A raisin dropped in a glass of fresh champagne will bounce up and down continuously from the bottom of the glass to the top.

Rapper Ice Cube’s real name is O’Shea Jackson.

There are 336 dimples in a regulation golf ball.

Readers can recharge with hundreds of other fatuous facts at Unnecessary Knowledge.

Episteme, the personification of knowledge, at the Celsus Library (source)

 

As we perfect our impersonations of Mr. Nigel-Murray, we might recall that it was on this date in 1986 that Ivan Boesky copped a plea, accepting a $100 million dollar fine for insider trading– he confessed to making $200 million trading illegally on inside information–  and agreeing to cooperate with prosecutors in rolling up the nationwide network of nods-and-winks that had fueled the Wall Street boom of the 80s.  Among those caught in the subsequent round-up was Junk Bond king Michael Milken, who was indicted on 98 counts of racketeering and fraud, and pled guilty to six.  Milken’s fines and payments-in-restitution totaled over $1 billion.  Boesky served 22 months of a three year sentence in Federal prison.  Milken was sentenced to 10 years; but served only 19 months.

Boesky (top), Milken on their ways into the courthouse (source)