[Griff]

He is a neo-con, the worst the Republicans have been able to come up with. On the question of moral compass, Paul Craig Roberts is not impressed.

Giuliani once bragged that by giving negative treatment to his targets, "the media does the job for me." Giuliani certainly had no difficulty manipulating Wall Street Journal reporters James B. Stewart, Daniel Hertzberg and Laurie Cohen or The Predators’ Ball author Connie Bruck. Milken, who had done nothing except make a lot of money by proving Wall Street wrong about non-investment grade bonds, was branded the "Cosa Nostra of the securities world."

Milken’s "junk bonds" financed such household names as CNN, Barnes & Noble, Stone Container Corporation, Time-Warner, Safeway, and Mattel. Milken provided capital to companies with promising futures that lacked investment-grade credit rankings. Milken operated out of Los Angeles, not Wall Street. His earnings and those of his upstart firm, Drexel Burnham Lambert, aroused envy and hatred among the Wall Street hot shots. Milken failed to use his money to purchase political protection in Washington. Instead, he gave his money to organizations that help poor black children.

Milken was set up perfectly for an ambitious and unscrupulous prosecutor like Giuliani.