Ivan Boski News Today

The wrist and a fine. neil: and this technology that makes just using about whatever is going on in the day easy to do. it comes back to bite you. >> yeah, i feel like if youre that rich though, you probably arent worried too much about your tweets. you probably get real confident. im pretty confident and i dont even have a lot of money. im confident enough to tweet some pretty ridiculous stuff as it is. i cant imagine being that rich and that powerful and not every now and then, i have these fo...

>> more than 48 cases of insider trading bought by rudolph giuliani. >> he had the aura of being the best man in law enforcement to do it. >> if you do get caught, you are going to lose your liberty and go to prison. >> today, the market was off more than 40 points. this after it was learned that ivan boesky was talking, and then some. >> this is like arresting the madame of a brothel and finding her private book of clients. >> this guy takes a fall and all over wall street theyre practically ju...

>> he did what he claimed he would ever do, use insider information to buy huge blocks of stock in companies secretly involved in takeover deals. >> ivan boesky was a crook. handing bags of cash to people who would give him inside information. >> if we had capital punishment for white collar crimes, i would say he would be a prime candidate. >> ivan arrived in court to hear himself described as a man whose arrogance has been stripped away. theres no doubt hes become a symbol of whats wrong with ...

Attention of other investors, who followed in his wake and sought to imitate what he did. >> i freely admit, i want to make a profit. >> it is not wrong to want a profit in capitalist america. its fair. >> ivan made a fortune buying into companies being taken over by takeover artists. >> "forbes" magazine lists him among the 400 richest people in america. estimating his wealth at well over $200 million. >> wheres my share of the profits? >> ivan gave the commencement speech in 1986 and he became...

>> levine was a fish, boesky was a shark. who is the whale theyre going to catch? >> i dont know. >> in the middle of all this is drexel. >> the commission says drexel and the head of his junk bond department made a secret deal with ivan boesky to make millions illegally. >> california company wics was planning a takeover. he bought the stock, made profit but milken betrayed his client and earned $6.5 million more at the clients expense. >> authorities are worried that

>> it was the first time the s.e.c. has been able to nail down insider trader. somebody with a million dollar a year salary which apparently wasnt enough. >> insider trading could become wall streets watergate. >> authorities might be able to develop a list of new suspects. >> we start the investigation, and once his lawyer advised him that his in his interest to cooperate, he would give you the information. to him, it was just another deal. >> i think the judge made it clear that he would have ...

Booth would buy an accomplice in the bahamas who would buy stock in two dummy corporations he had set up in panama. >> it was the first time the s.e.c. has been able to nail down insider trading. somebody with a million dollar a year salary which apparently wasnt enough. >> insider trading could become wall streets watergate. >> authorities might be able to develop a list of new suspects. >> we start the investigation, and once his lawyer advised him that its in his interest to cooperate, he wou...

>> i think they should get every one of them, puthem in jail. >> more than 48 cases of insider trading bought by rudolph giuliani. >> he had the aura of being the best man in law enforcement to do it. >> maybe we cant catch all of them but we can deliver the message if you get caught you will lose your liberty. you will go to prison. >> today, the market was off more than 40 points. this after it was learned that ivan boesky was talking, and then some. >> this is like arresting the madame of a b...

All he had was bargaining power. who could he deliver? >> levine was a fish, boesky was a shark. who is the whale theyre going to catch? >> i dont know. >> he drexel burnham? >> in the middle of all this is drexel. it shot to the top of this world by specializing in junk bonds. >> the commission says dxel and the head of his junk bond department made a secret deal with ivan boesky to make millions illegally. >> california company wics came to the firm and told them it was planning a takeover. th...

>> more than 48 cases of insider trading bought by rudolph giuliani. >> he had the aura of being the best man in law enforcement to do it. >> if you do get caught, you are going to lose your liberty and go to prison. >> today, the market was off more than 40 points. this after it was learned that ivan boesky was talking, and then some. >> this is like arresting the madame of a brothel and finding her private book of clients. >> this guy takes a fall and all over wall street theyre practically ju...