yeah, he was actually a mafia Don, and every single transaction he did was completely illegal, as well as his salary from Drexel.
Did you actually read Stone's book, or are you just quoting a soundbite from wiki? Here's another for you then. Don't ask me if it's true, I'm just following your lead in blindly (and selectively) quoting wiki.
"However, Stone said that while Milken condoned questionable and illegal acts by his colleagues, Milken himself personally followed the rules. He often called Drexel's president and CEO, Fred Joseph—known for his strict view of the securities laws—with ethical questions. On the other hand, several of the sources James B. Stewart used for Den of Thieves told him that Milken often tried to get a higher markup on trades than was permitted at the time. [inflating commissions? OMG! He should have been hung for treason!]
Harvey A. Silverglate, a prominent defense attorney who has 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.”"
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