Wednesday, April 30, 2014

An Apology to Michael Milken

As a follow to a post he wrote earlier, Steve Sailer has issued this apology:
My apologies

By the way, I've been informed that Michael Milken's lawyers have at times been known to strenuously and expensively object to Mr. Milken being referred to as "the junk bond king," since they will not stipulate that junk bonds ever had a monarch, nor that there have even been any such things as junk bonds.

So, to preclude the need for Mr. Milken to pay for many billable hours to protect his sterling reputation from the "junk bond king" smear, I shall henceforth endeavour to refer to Mr. Milken as "the high-yield honcho."

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