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Ivan F. Boesky, rogue trader in 1980s Wall Street scandal, dies at 87 staradvertiser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from staradvertiser.com Daily Mail and Mail on Sunday newspapers.
Boesky, who just died at age 87, came to represent greed on Wall Street. We republish a 1986 Forbes article that picked apart Boesky s investment returns. ....
Thatat is guarananteed toto increase e the stock k p. if youou were a hihigh-rankig personon and you h happened tot this inforormation, ofof cour, you coululd make mononey, but t the averagage american couldndn t. and ththey were cacashing in and comingng away with tenens of millilions, or e even hundrereds ofof millions s of dollarsr. - and ththere was gigiuliani, the prososecutor for the lilittle peoplple, takg on thosese titans ofof wall str, making sure that the white-collar criminals, as well as the mafia and organized crime, were gonna be held accountable. - maybe we can t catch all of them, but t we sure asas heck can delivever a messagage which h is, if youou do get cac, yoyou are gonnnna lose your libererty. you re gononna go to p priso. - - in 1986 - i rememember this s vividly dennis levine got arrested. - the e biggest ininsider tradg dedeal anybodydy s ever hehear, dennisis levine, made milillions tradading on insidider informamation. - i i realized t that i ve committete ....
Making sure that the white-collar criminals, as well as the mafia and organized crime, were gonna be held accountable. - maybe we can t catch all of them, but we sure as heck can deliver a message which is, if you do get caught, you are gonna lose your liberty. you re gonna go to prison. - in 1986 i remember this vividly dennis levine got arrested. - the biggest insider trading deal anybody s ever heard of, dennis levine, made millions trading on insider information. - i realized that i ve committed very serious crimes, which i m very sorry. and it was a very painful lesson to learn. - that was the beginning of this giant scandal that giuliani was able to pursue and capitalize on and get a lot of publicity for. it really went to the heart of this, you know, moneymaking machine on wall street. - wall street has been hit by yet another insider trading scandal. - the merger and acquisition boom. - it s ten years behind bars for one of america s richest men. - the rise of the junk bond w ....