7min chapter

Economist Podcasts cover image

Clerical era: Iran’s elections

Economist Podcasts

CHAPTER

The Rise and Fall of Mike Milken

This chapter examines the emergence of junk bonds in the 1980s and the controversial legacy of financier Mike Milken. It discusses his aggressive financial strategies, the legal challenges he faced, and the shifting perspectives on his contributions to the finance industry. Ultimately, it suggests that Milken's influence fostered access to finance for smaller companies, despite the controversies that marked his career.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode