The difference is that Milken broke the law. This guy merely beat the system set up by the crooks and elitists on Wall St.
I trade so I have an idea of what he did and I do it every day, except on the much smaller scale.
There are financial vehicles that get driven too high or low based on fear or greed. He merely took advantage and cashed in. It is not easy to cash in, many never do it and are only wealthy on paper...as in many are 40% poorer now after not allocating their 401Ks properly.
Well, true, and we don't know that Lahje broke any laws. I wonder if he broke any 'rules', but that is purely speculative.
There are financial vehicles that get driven too high or low based on fear or greed. He merely took advantage and cashed in.
Well said. He really worked it, and on a large scale. In a way he was paid for his risk. He has taken the Gekko approach to a new level.