Milken, Minkow
The front page (March 30) is beginning to look like the financial section, with long articles on Michael Milken’s stock dealings and Barry Minkow’s ZZZZ Best. They should write a book, “How to Steal Millions Without Ever Carrying a Gun.” It is quite depressing to read about how these men assiduously broke the rules in order to get rich. We have always taken a rather benign attitude towards white-collar crime; after all, these boys aren’t violent.
If I had a choice though, I think I would choose the quick horror of a straight-forward robbery to the long-term debilitating effects of these financial thefts. People like Milken and Minkow do more damage to this nation than a thousand street criminals. For myself, maybe I should put my money that I took out of my local savings and loan into gold coins and hide them in the mattress.
CLEMENT SALVADORI
Laguna Beach
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
