Trump Pardoned Michael Milken... Greed FREAK Mikey did Evil in Northern California... Loaning Charles Hurwitz enough JUNK BOND Money to Buy Pacific Lumber in Humboldt County... and Then Hurwitz Cut Down Thousands of Old Growth Redwoods...

Once the Highly profitable trees were cut, Hurwitz stole the Pension Fund, Declared Bankruptcy and went back to Texas... and Kept all the money... Mike is Obviously Suffering From COMPULSIVE HOARDING OF MONEY SYNDROME...

meme - gvan42 - Compulsive Hoarding of Money Syndrome - Incurable Mental Health Disease - Gregory Vanderlaan

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American History: The Humboldt County Timber Wars... A Hostile Takeover of Pacific Lumber Company and The Extreme Logging of Old Growth Redwoods in Northern California. MAXXAM SUXX

In 1985 Charles Hurwitz borrowed money (Junk Bonds) from Michael Milken and bought the company Pacific Lumber, located near Eureka, California. Then Hurwitz increased the rate of logging in the Redwood Forest and cut down all the highly profitable trees. Then he split his corporation MAXXAM into two divisions. One division was used to do actual logging and sawing of boards and the other division was used to hide the profits. When the bill came due on the Junk Bonds, Hurwitz declared bankruptcy and took the money back to Texas. Including the pension funds that paid retirement benefits for employees...

Photo of a Car in front of a Giant Pile Of Redwood Logs at A Lumber mill in Eureka CA - EARTH FIRST

Then the Pacific Lumber Company was purchased at a foreclosure sale by The Fisher Family. They had made a fortune selling clothes at a chain of stores called "The Gap". They reintroduced the business plan called "sustainable logging" where the Lumberjacks would only cut down as many trees as grew during the year. This plan was invented by the original owner of Pacific Lumber, Simon J. Murphy... The concept was to cut 1% of the forest every year and plant new trees so that in a hundred years the new trees would have grown big enough to harvest. Read More At:

https://gvan42.blogspot.com/2018/09/american-history-humboldt-county-timber.html

Headline: Trump pardons junk bond king Michael Milken.

President Donald Trump said Tuesday that he was granting clemency to Michael Milken, the legendary bond king from the 1980s who served several years in prison for violating securities laws and has since become a prominent philanthropist.

Trump made the announcement to reporters Tuesday, along with the news that he was commuting the sentence of former Illinois governor Rod Blagojevich and pardoning ex-NYPD commissioner Bernard Kerik.
Milken rose to prominence on Wall Street in the 1980s as the head of the high-yield bond department, also known as junk bonds, at the now defunct firm Drexel Burnham Lambert.
But Milken got tied up in an insider trading scheme and eventually pleaded guilty to several counts of securities violations tied to a scandal with former stock trader Ivan Boesky.
https://www.cnn.com/2020/02/18/investing/michael-milken-pardon/index.html

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