Attorney and author Richard Sandler joins this new episode of Real Talk to discuss lawfare and his decades-long fight to defend the reputation of his childhood friend and business partner, Michael Milken. Sandler reflects on what true loyalty looks like when a friend becomes the target of prosecutors, media narratives, and public condemnation. He explains how Milken disrupted Wall Street, why powerful interests wanted him taken down, and how prosecutors can use the criminal justice system to build political power.
00:00 - Richard Sandler on Friendship, Loyalty, and Michael Milken
03:21 - Knowing Michael Milken Since Childhood
05:09 - Why Sandler Dedicated His Career to Defending a Friend
08:59 - Why Relationships Matter More Than Transactions
10:01 - How Michael Milken Became a Wall Street Disruptor
12:58 - Why People Hate Disruptors
16:04 - How Lawfare Became a Tool of Political Ambition
18:05 - Why Prosecutors Have So Much Power
24:27 - Ivan Boesky, the 98 Counts, and the Case Against Milken
29:09 - Can America’s Justice System Be Fixed?
35:03 - Why False Narratives About Michael Milken Endured
37:15 - The Moses and Aaron Analogy of Friendship
42:33 - What Young Americans Should Learn About Career, Risk, and Adaptability
49:14 - Rudyard Kipling’s “If—” and Michael Milken’s Resilience
52:08 - How Milken Rebuilt Without Bitterness
54:08 - Final Thoughts on True Friendship
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