Wednesday, December 15, 2010

[Video] CNBC - Deep Thoughts with Michael Milkin

Junk bond king Michael Milkin had some 'interesting' experiences in the 1980s - effectively he was the Gordon Gekko of his day.   After serving 2 years in prison (don't worry - he is doing ok, still in the Forbes 500) he has reinvented himself, turned his interests to more philanthropic type activities with a heavy focus on healthcare.  Whatever the background he is another person who is always an interesting interview and had some very sobering and insightful commentary in 2 CNBC interviews yesterday.  If you only have time to listen to one, the first is probably more encompassing of the long term challenges ahead for the U.S.

Video 1 (11 minutes)

Video 2 (7 minutes)

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