vault backup: 2026-05-14 13:12:03
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@ -6,6 +6,8 @@ tags:
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- CIA
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- Israel
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summary: "Large amounts of money from the arms sales to Iran were funneled through American banks and held at Drexel Burnham, contributing to Milken's firm's stature and its ability to underwrite huge quantities of junk bonds."
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born: 1946-07-04
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location: "Encino, California, USA"
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[[Michael Milken]] was a prominent stockbroker known for building his junk-bond fortune at the brokerage house [[Drexel Burnham]]. His activities intersected with the financial operations of the [[Iran-Israel Joint Committee]]'s slush fund.
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