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Milken, Michael Robert

(Encyclopedia)Milken, Michael Robert mĭlˈkən [key], 1946–, American financial executive, b. Van Nuys, Calif. Nicknamed the “junk bond king,” he was an executive at Drexel Burnham Lambert, Inc., where he tr...

junk bond

(Encyclopedia)junk bond, a bond that involves greater than usual risk as an investment and pays a relatively high rate of interest, typically issued by a company lacking an established earnings history or having a ...

Gates, Robert Michael

(Encyclopedia)Gates, Robert Michael, 1943–, American government official, U.S. secretary of defense (2006–11), b. Wichita, Kans. A circumspect and pragmatic career intelligence officer, he joined (1966) the Cen...

Kremer, Michael Robert

(Encyclopedia)Kremer, Michael Robert, 1964–, American economist, b. New York City, Ph.D. Harvard, 1992. After serving as a postdoctoral fellow (1992–93) at the Massachusetts Institute of Technology, he taught e...

White, Robert Michael

(Encyclopedia)White, Robert Michael, 1924–2010, American aviator, b. New York City. A fighter pilot during World War II, he was shot down over Germany and held in a prisoner-of-war camp (Feb.–Apr, 1945); he was...

Field, Michael

(Encyclopedia)Field, Michael, pseud. used by two English authors, Katherine Harris Bradley, 1846–1914, and her niece Edith Emma Cooper, 1862–1913, who collaborated on numerous literary works, including lyrics a...

Gwathmey, Robert

(Encyclopedia)Gwathmey, Robert gwăthˈmē [key], 1903–88, American painter, b. Richmond, Va. Gwathmey taught at Cooper Union from 1942 to 1968. Among the first white artists to portray African Americans with dig...

Robert Guiscard

(Encyclopedia)Robert Guiscard gēskärˈ [key], c.1015–1085, Norman conqueror of S Italy, a son of Tancred de Hauteville (see Normans). Robert joined (c.1046) his brothers in S Italy and fought with them to expel...

Flynn, Michael Thomas

(Encyclopedia)Flynn, Michael Thomas, 1958–, U.S. military officer and government official, b. Middletown, R.I., Univ. of Rhode Island (B.S., 1981). Commissioned as ...

securities trading

(Encyclopedia)securities trading, financial activity involving transactions of property such as stocks, bonds, commodities, and currency (see securities). Although the trading of stocks and bonds dates back several...