The Milken Institute's Center for Financial Markets (CFM) hosted a forum discussion with four financial-market pioneers: Nobel Laureate Myron Scholes, developer of the Black-Scholes options pricing model; Mike Milken, whose financial innovations helped finance thousands of companies that created millions of jobs; moderator Staci Warden, executive director of the Institute's Center for Financial Markets; Richard Sandor, the principal architect of the interest-rate futures market; and Lewis Ranieri, often considered the "father of mortgage-backed securities." |