Marilyn Monroe slept here -

Political rascals and Wall Street's masters of the universe also contributed colorful footnotes to history.

President Richard M. Nixon's chief of staff, H.R. Haldeman, and domestic affairs counselor John Enrlichman were having breakfast in the hotel's famed Polo Lounge when they learned about the Watergate burglary in 1972. Hotel phone records were key to the obstruction of justice case that toppled Nixon's presidency and sent many of his aides to prison.
More than a decade later, Ivan Boesky, a prominent figure in the Wall Street insider trading scandal, turned government informant and wore an FBI wire during a meeting at the hotel with junk bond king Michael Milken....

Bungalow 8: Unmentionables hung from the chandeliers during disgraced financier Michael Milken's Thursday night "no wives" party, the kickoff of his annual Predator's balls during the 1980s.
My Personal Perspective by Jack Weinzierl
The Millionaire Mindset Conference is of great value and I believe what we offer goes so far beyond that. Think of how many individuals invest $100K+ in a franchise to hopefully get a proven business system and they are buying themselves a job, often a very low paying one. Well, at Advantage Conferences, we provide a proven system, a highly differentiated product, and ongoing training and coaching to help people succeed long term. We don't just give people a seminar, we provide them a system and continuous coaching with very successful entrepreneurs and advisors to put that knowledge into practice.
You know the one key thing that the summary does not address is the value for our new partners from the coaching and training they get from me and other successful entrepreneurs and business advisors.
I say that without arrogance, but with confidence. In my first 6 months in networking 4 years ago, I invested approximately $35,000 on leads and various marketing campaigns to build my business. It was a disaster in terms of ROI, but it was the best failure I ever had. I was then able to leverage that knowledge in terms of what works and what doesn't and direct my team members, so they did not have to make the same mistakes I did. In my consulting profession, I used to bill out at $2,300 a day for that coaching, mentoring and training, while I was with Michael Milken and Larry Ellison's consulting firm, Nextera. In addition to the Millionaire Mindset Conference, the ongoing training and coaching is invaluable to your success.
Where else can you partner with MBAs, successful entrepreneurs and advisors who have a vested interest in YOUR success?
To Your Success,
Jack Weinzierl
Jack learned from the sleaziest.

Indictment and sentencing
In March 1989, a federal grand jury indicted Milken on 98 counts of racketeering and fraud. The indictment accused Milken of a litany of misconduct, including insider trading, the concealment of the real owner of a stock, a practice known as stock parking, tax evasion and numerous instances of repayment of illicit profits. The most intriguing charge was that Boesky paid Drexel $5.3 million in 1986 for Milken's share of profits from illegal trading. This payment was represented as a consulting fee to Drexel. Shortly afterward, Milken resigned from Drexel and formed his own firm, International Capital Access Group.[6][9]
This was one of the first times RICO was used against an individual with no ties to organized crime. Milken originally planned to fight the charges against him, hiring one of Ronald Reagan's former campaign aides, Linda Goodson Robinson (the wife of American Express president James Robinson) to launch a public relations campaign prior to the trial. Milken and other Drexel figures hired Edward Bennett Williams as their attorney. Williams was well known for representing Watergate figures as well as major Mafia figures including Frank Costello. After Williams died of cancer, Milken's handlers hired various other attorneys and his case became more difficult.

On April 24, 1990, Milken pleaded guilty to six counts of securities and tax violations.[5] Three of them involved dealings with Ivan Boesky to conceal the real owner of a stock.[10]
  • Aiding and abetting another person's failure to file an accurate 13d statement with the SEC, since the schedule was not amended to reflect an understanding that any loss would be made up.
  • Sending confirmation slips through the mail that failed to disclose that a commission was included in the price.
  • Aiding and abetting another in filing inaccurate broker-dealer reports with the SEC.

Two other counts were related to tax evasion in transactions Milken carried out for a client of the firm, David Solomon, a fund manager.[10]
  • Selling stock without disclosure of an understanding that the purchaser would not lose money.
  • Agreeing to sell securities to a customer and to buy those securities back at a real loss to the customer, but with an understanding that he would try to find a future profitable transaction to make up for any losses.

The last count was for conspiracy to commit these five violations.
The estimated injury for all counts combined was, by the judge's account, $318,000 and by the U.S. Probation Office's account $685,000.[11]
As part of his plea, Milken agreed to pay $200 million in fines. At the same time, he agreed to a settlement with the SEC in which he paid $400 million to investors who had been hurt by his actions. He also accepted a lifetime ban from any involvement in the securities industry. In a related civil lawsuit against Drexel he agreed to pay $500 million to Drexel's investors.[12][13] In total this means that he paid $1.1 billion for all lawsuits related to his actions while working at Drexel.

Dishonesty and greed in action! Weinzierl didn't bother to check out Milken before working with him and bragging about it all over the internet anymore than he bothered to check out Tim Darnell.