This paper examines the lives of the four leading lights of
financial entrepreneurship in the United States, Michael Milken, Lewis Ranieri, Richard Sandor, and Myron Scholes, who have had a sizeable role in financial entrepreneurship in the U.S. over the last 20 years. It discusses their personal achievements and looks at how there is much room in the United States for innovation and how education is the key to success. Outline Thesis Statement Introduction Michael Milken The Secret World of Mike Milken Lewis Ranieri Richard Sandor Derivatives Strategy Chicago Climate Exchange Myron Scholes Glenn Yago Problems and the Solutions The Choice Debt Denied to Some Industries The Future Conclusion