Does crime pay? Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction. Few Wall Street felons have spent so much time, energy and money — especially money — to rehabilitate themselves in the public’s eye as Michael Milken. While the one-time Wall Street financier had already practiced philanthropy before his fall from grace, post-prison activities have been nothing short of tremendous, with hundreds of millions of dollars going into medical research, social research and the arts.