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==In popular culture== Milken became the [[List of Ig Nobel Prize winners|first recipient]] of the [[Ig Nobel]] Economics Prize in 1991.<ref>{{cite news |last1=Maugh |first1=Thomas |title=Ig Nobel Prizes Go to Those Likely to Be Overlooked : Lampoon: MIT researchers create the new series of awards, named after the 'inventor of soda pop.' Among the first winners are Vice President Dan Quayle and imprisoned junk-bond king Michael Milken. |url=https://www.latimes.com/archives/la-xpm-1991-10-05-mn-3178-story.html |newspaper=[[Los Angeles Times]] |access-date=January 21, 2018 |date=October 5, 1991 |archive-date=September 20, 2015 |archive-url=https://web.archive.org/web/20150920174502/http://articles.latimes.com/1991-10-05/news/mn-3178_1_ig-nobel |url-status=live }}</ref><ref>{{cite web|title=Winners of the Ig® Nobel Prize|url=https://www.improbable.com/ig/winners/#ig1991|website=Improbable.com|date=August 2006 |access-date=January 21, 2018|archive-url=https://web.archive.org/web/20100109104410/http://improbable.com/ig/winners/#ig1991|archive-date=January 9, 2010|url-status=}}</ref><ref>{{cite web|title="Junk" — a new play about the first Ig Nobel Economics Prize winner (Michael Milken)|url=https://www.improbable.com/2017/11/23/junk-a-new-play-about-the-first-ig-nobel-economics-prize-winner-michael-milken|website=Improbable.com|date=November 24, 2017|access-date=January 21, 2018|archive-date=January 21, 2018|archive-url=https://web.archive.org/web/20180121184444/https://www.improbable.com/2017/11/23/junk-a-new-play-about-the-first-ig-nobel-economics-prize-winner-michael-milken/|url-status=live}}</ref> [[Ayad Akhtar|Ayad Akhtar's]] 2016 play ''[[Junk: The Golden Age of Debt|Junk]]'', set during the bond trading scandals of the 1980s, is partly based on Milken's "fall from grace". Milken is the inspiration for the main character in the play.<ref>{{Cite news|title=Review: 'Junk' Revives a Go-Go Era of Debt and Duplicity|last=Brantley|first=Ben|date=November 2, 2017|newspaper=The New York Times|url=https://www.nytimes.com/2017/11/02/theater/junk-review-ayad-akhtar.html?action=click&contentCollection=Style&module=RelatedCoverage®ion=EndOfArticle&pgtype=article|access-date=April 24, 2018|archive-date=June 14, 2018|archive-url=https://web.archive.org/web/20180614073749/https://www.nytimes.com/2017/11/02/theater/junk-review-ayad-akhtar.html?action=click&contentCollection=Style&module=RelatedCoverage®ion=EndOfArticle&pgtype=article|url-status=live}}</ref> Milken is referenced by Hank Scorpio in ''[[The Simpsons]]'' episode “You Only Move Twice”. Milken is referenced by Chris Stevens in ''[[Northern Exposure]]'' Season 6, Ep. 5 – The Robe (31:29). “Trust and honesty. The age-old quest of [[Diogenes]] in a post-Milken universe.”
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