Some business leaders are famous for their criminal activity, like Michael Milken, the junk bond king who helped companies raise money for mergers and acquisitions by selling junk bonds in the 1980s. He was eventually accused of insider trading. Or Richard Whitney, president of the New York Stock Exchange from 1930 to 1935 and who famously played blue-chip stocks and penny stocks, began embezzling to continue living his lavish lifestyle and cover his losses.