Michael Milken - Philanthropist, Financier, Medical Research Innovator, Public Health Advocate  

   Mikemilken.com  »  Photo  »  2017  »  Jim Yong Kim: "It was a sin I did not understand capital allocation"


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Mike conducted a wide-ranging interview with World Bank President Jim Yong Kim at the 20th annual Milken Institute Global Conference. Kim related a conversation he had during a visit to the Vatican: "Having spent 25 years in regional development and not-for-profit work knowing nothing about financial services, I have spent five years at the World Bank immersed in financial services. [I told] the Pope that it was a sin I did not understand capital allocation and its role in development for 25 years."