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Rating: 
Summary: Outstanding book detailing the operations of Michael Milken
Review: For those interested in the Wall Street culture of the '80s, where Michael Milken was "King of the Universe", this is a must read. It's a page turner. Superb read. It details the deals and operations of how Michael Milken became the Junk-Bond King... and so called "King of the Universe". Milken was able to raise almost unlimited amounts of capital by cleverly convincing practically everyone on Wall Street that junk bonds offered one of the best returns on Wall Street while at the same time supposedly having historicly very low default rates, which turned out to be the grand lie. He used this capital to fund the corporate take-over mania of the '80s, which dozens, maybe hundreds of S&L's participated in, and ultimately led to the bankruptcy of the S&L industry, and U.S. S&L bail-out mess.Other required reads: "Den of Thieves": Once upon a time in the '80s, four men nearly destroyed Wall Street. How they made billions and how they got caught. by James B. Stewart. Superb, outstanding nonfiction book by an outstanding journalist, written in storybook fashion, which makes for a can't put down, page turner about Michael Milken: head of high yield securities, Ivan F. Boesky: arbitrageur - investor, Martin Siegel, investment banker with Kidder Peabody, Dennis B. Levine, investment banker. Must read. Another must read: "A License to Steal: The untold story of Michael Milken and the Conspiracy to Bilk the Nation, by Benjamin J. Stein. Another outstanding book on the operations of Milken. I've read these three outstanding books. Any other outstanding books on Michael Milken???
Rating: 
Summary: Greed is good.....so is this book
Review: If you love Milken and Boesky and inspired to be one,this book is for you. In this book God had give us the answer why you and and me cannot be billioinaires.Look at page 10."Breakfast was served at 6 A.M., a concession to popular tastes by Milken, who was at his desk each day by 4.30 A.M."
Rating: 
Summary: Very Detailed, but Grossly Inaccurate
Review: Quite obviously Ms. Bruck did her homework on this book because there is much detail. However, her continual usage of the word "junk" to always refer to any type of high-yield security shows that she has passed sentence before the trial.
Most of the book is a very detailed account of what happened, but clearly she does not understand the economics or the legal aspects of any of the deals therein. She portrays Michael Milken as a devious crook, yet reality characterizes him much differently. Ms. Bruck attacks the deals but has no idea what makes them good or bad, so she assumes wealth-making to be evil.
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