Michael Milken

994560b6deca27094e0f6a7067005f4c.jpg

FILE - In this Friday, March 1, 1996, file photo, Michael Milken, the famed ex-junk bond financier who once was at the center of the biggest Wall Street securities fraud scandal, poses for a photo while visiting the UCLA Nutrition Research Laboratory in the Westwood area of Los Angeles. George Washington University will name its public health school for Michael Milken, the 1980s king of Wall Street "junk" bonds who spent 22 months in prison but later devoted himself to philanthropy and advocated for medical research. On Tuesday, March 11, 2014, the university announced gifts totaling $80 million to address public health challenges from Milken and Sumner Redstone. (AP Photo/Damian Dovarganes)