Of the business people on the list, Milken might have the best chance at a pardon, Ruckman said in an interview. “He’s been out for a while, and has a long list of good deeds to show on his application,” Ruckman said, adding that New York Yankees owner George Steinbrenner made a similar showing in his successful bid for a pardon on an obstruction of justice conviction, which President Ronald Reagan granted in 1989.See story here.
Ruckman said the economic slowdown doesn’t necessarily hurt Milken’s chances. “I don’t think there’s ever been a good time for a pardon” in a white-collar crime case, he said.
Thursday, December 4, 2008
Bloomberg News is discussing the possibility of pardons for notable applicants. A pardon for Benard Ebbers? Carl Tobias, a law professor with expertise in torts and product liability, says, "If what Bush has done so far is any indication, I think it’s extremely unlikely.” Michael Milken, the former junk-bond trader who served two years in prison in the early 1990s for violating securities laws, is also seeking a pardon. The article notes: