February 04, 2009
In the 16 years since his release from prison, disgraced junk-bond king Michael Milken has beaten prostate cancer, raised hundreds of millions of dollars for medical research and reshaped an image tarnished by a 1990 conviction for securities fraud.
* * * Milken. . . recovered from the disease and started a foundation that has raised more than $350 million for cancer research. He has also donated millions more for scholarship and education programs, and launched the Santa Monica-based Milken Institute, an economic think tank.
I don’t minimize Milken’s earlier misdeeds. But like Chuck Colson, we see in Milken a man who really has been changed by his experience and demonstrated that he is truly rehabilitated. He has no right to a pardon – which is, after all, a privilege extended by the president – but Milken has become the model of what we ought to want to see more of our citizen become.
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