Boesky, who made millions by betting on stocks thought to be the target of corporate takeovers, cooperated with then-U.S. Attorney Rudolph Giuliani in a bid for leniency, uncovering an insider trading scandal that shattered promising careers.
Investor behind infamous Wall Street Gordon Gecko character dies at age 87 independent.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.co.uk Daily Mail and Mail on Sunday newspapers.
Intellectual property (“IP”) development can cost millions of dollars so cost recovery timing can be financially material. General tax principles typically require that expenses.