Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: FRIDAY, June 4, 1993 TAG: 9306040049
SECTION: NATIONAL/INTERNATIONAL PAGE: A-4 EDITION: METRO
SOURCE: Associated Press
DATELINE: LOS ANGELES LENGTH: Short
"I didn't do anything in my entire career which I thought was criminal," the former junk-bond financier said in an interview with Barbara Walters.
Milken, 46, served nearly two years in prison and completed a two-month stay at a halfway house in March.
He pleaded guilty in April 1990 to six felonies stemming from Wall Street's biggest scandal, including conspiracy, securities fraud and mail fraud. He was sentenced to 10 years in prison, but the sentence later was reduced to two years.
He agreed to pay $1.1 billion to settle all criminal and civil charges, and also was also ordered to perform 1,800 hours of community service annually for three years.
On Thursday, the New York federal judge presiding over Milken's case ruled that Milken must work an average of 35 hours a week for the next three years with the Los Angeles office of D.A.R.E. America, an anti-drug group, developing an after-school program for inner-city youths.
In an April 28 interview with Walters at his Los Angeles home, Milken said he was responding well to treatment for prostate cancer, and hoped to create an educational cable network with pop singer Michael Jackson.
A transcript of the interview, scheduled for broadcast tonight on ABC News' "20-20" program, was released Thursday.
by CNB