Michael Milken's Crusade

According to an interview in The New York Times Magazine, former junk-bond king Michael Milken's prostate cancer has spread to his lymph nodes, and the disease could kill him within a year. In the interview, published last Sunday, Milken says he's created a foundation -- The Association for the Cure of Cancer of the Prostate -- which has distributed grants to 30 prostate-cancer research programs. His family's foundation will dole out $5 million annually to such programs over the next five years. Milken, who spent almost two years in prison for violating securities laws at Drexel Burnham Lambert, was diagnosed with cancer early last year -- the day he was released from prison in California.

Michael Milken's Crusade | News