Member Reviews
I think this book was interesting! I love courtroom thrillers and this book was believable! I believe there was some doubt in the story and the friend was a bit much! I would recommend this book to someone who enjoys this genre!
When the government comes for you, you lose, no matter what. This is the true story of Michael Milken, who was someone who really understood the markets and pushed forward in a way that broke the old establishment and, lets be honest, probably lost those who were used to winning their money. Michael understood the market in a way that the great composers understood music. Yet, because of someone who just couldn't believe that Michael was on the up and up, launched an investigation into him that didn't just try to punish him for alleged crimes, but ultimately was out to destroy him, in every single fashion that they could make up. Why? Because they are the government and have the power. Absolutely ridiculous what was done to him, and their star witness? The shadiest of them all. Powerful story of truth, and yet, the truest cost of truth from a man who bore the unrelenting brunt of it. Thank you Richard Sandler for telling it to the world.
*I received a copy of this book from NetGalley. This review is my own opinion*
Was not aware of this case until I read this book and it did a very good job of walking me through everything I needed to know, didn't get too wordy at any points and was quite easy to follow the whole way through.
"Witness to a Prosecution: The Myth of Michael Milken" gives a firsthand account of the federal investigation into Michael Milken and the High Yield and Convertible Bond Department, a department Michael created and headed at Drexel Burnham Lambert, a multinational investment bank. If you are interested in understanding the criminal investigative process or you want to understand who Michael Milken is and what really happened to him, then this is the book for you.
In 1986, the SEC and the U.S. Attorney for the Southern District of New York began investigating Michael Milken and the High Yield and Convertible Bond Department. At the time, Michael was the most successful and innovative financier and Drexel Burnham Lambert was the most successful securities firm on Wall Street, thanks to Michael. The author of the book, Richard Sandler, was a childhood friend of Michael's. The two friends went to high school and college together, lived together in the same fraternity, and began working together in 1983. When the investigation started in 1986, Sandler became Michael's personal lawyer and was responsible for working with the lawyers they hired and overseeing Michael's defense. Having firsthand knowledge of Michael and the prosecution, Sandler wrote this book because he wanted the true story told.
This was a really fascinating book setting the record straight. The author's experience as someone intimately involved in workings of the High Yield Department at Drexel, in the details of the investigation, and in Michael's defense made this a very important story to tell. Everything in the book was based upon court documents, transcripts from the classes Sandler taught, and Sandler's own firsthand accounts of what really happened. As a former prosecutor, I found this to be a very eye-opening book, and I learned a lot.
Thank you to NetGalley and Advantage Media Group, Forbes Books for the ARC in exchange for an honest review.