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Good and important reading but indiscerned writer
on 24 May 1999
Predators ball by Connie Bruck is a recommended reading for the already discerned person, who has some knowledge of the real Milken story.
Bruck makes it clear how much her contempt for Milken and "his" Drexel company is, and yet she does not fail to point out the great achievement he made viable : giving capital to companies that had been previously disclosed from any kind of lending ability.
Her contempt for Milken and his working style is so deep, that she blames him of faults that have never been the cause of accusations against him, neither publicly nor through the DA or State attorneys. This is in particular sad, since up to a certain point she discovers the good sides of the Drexel revolution, but for example the fact that Drexel admiettedly rendered callgirls to its top customers at the socalled predators balls in LA makes in her mind every punishment acceptable and worth the effort.
Although the afterword was written long after the indictment and abjudication of Milken, the author does not invoke the causes of Milkens sentence, which were merely political and not based on a real assumption of the commitment of a crime. It should have come to the mind of any author, that a sentence that starts with the words "You have been the cause of the greedy century" is not a acceptable reasoning in legal terms, rather a description of contempt spurred by the sudden revelation of an extraordi- narily high salary. So we have to blame the author not only there but also in other areas of poor journalism; a book, on a living person in particular, should be based on facts rather than gossip of clients trying to get their heads out of the scaffold and prosecutors trying to wrench out a candidature for president of the prosecution of a single man.
Mrs Brook has undoubtedly written the first book on Milken, however it should be the first to get out of print unless she rewrites the important conclusion on the persons described.
Dr. Rudolf C. King CEO, princeandprince.com Ltd Owner of HouseOfCommerce Indonesia HouseOfCommerce@ibm.net Munich Germany