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To: Bucky Katt who wrote (42463)4/29/2010 9:56:55 AM
From: joseffy1 Recommendation  Respond to of 48463
 
AM I READING RIGHT?

THE MILKEN INSTITUTE?????????????????????????

From the same article:

Milken, 63, is the former high-yield bond chief from Drexel Burnham Lambert Inc. who was indicted on 98 counts of racketeering and securities fraud in 1989, ultimately serving about two years after a plea bargain and sentence reduction.

The same article quotes the exalted "Milken" with a straight face:
___________________________________________________________

Both he and Michael Milken, the founder of the Milken Institute, supported a carbon tax on gasoline, with Roubini saying it would reduce American dependence on oil from overseas, shrink the trade deficit and carbon emissions, and help pay down the U.S. budget deficit.

Milken compared the excess debt of U.S. consumers, companies and government to the nation’s obesity problem, saying the “best solution” is to become more efficient instead of raising taxes or unnecessarily cutting expenditures.

“If we could just get Americans to reduce their weight to the same as they weighed in 1991, we could save $1 trillion and the U.S. could create $1 trillion of value,” the junk-bond billionaire-turned-philanthropist said on the panel, moderated by Matt Winkler, editor-in-chief of Bloomberg News.