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Posted October 24, 2014
Interesting, at first, but then...
The book starts well enough, describing the evolution of the junk bond market, and Milken's contributions to the 'new' way of merging capital with debt.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
But it soon devolves into details of each individual transaction, with over-analysis of each on them, the individual players in each.
The first fifty pages or so are interesting. After that, it becomes much less so, with a lot of extraneous detail. This detail is really extraneous to the subject, and it becomes quite tiresome.
Adding to the problem is that the book was written before the more interesting, legal aspects of Milken's life occurred. Had it been written five years later, that author would have had a better tale to tell.