and then some. braver: as one former sec official put it, this is like arresting the madam of a brothel and finding her private book of clients. this guy boesky takes a fall, and all over wall street, they're practically jumping out windows. it comes out that he's been taping his phone calls, and maybe his private talks, for three months. and wall street big shots begin wetting their -- well, you get the idea. stewart: of course ivan boesky was guilty. there was gonna be no defense. all he had was bargaining power. who could he deliver? well, let me ask you this. levine was a fish, boesky was a shark. who's the whale that they're gonna catch? i don't know. drexel burnham? well, that's -- that's possible. in the middle of all of this is drexel burnham lambert -- until a few years ago, a little-known wall street firm. then it shot to the top of this high-stakes world by specializing in so-called junk bonds -- high-interest but also high-risk. aug: the commission says drexel and the head of its junk bond department, michael milken,
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