Ivan Boeski News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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. i freely admit i'm not robin hood. >> it is not wrong to want a profit in capitalist america. it's fair. >> ivan boeski 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. >> where's my share of the profits? >> ivan gave the commencement speech in 1986 at berkeley and he became famous for one line in that speech. >> i ur...

>> ivan boeski has been fined the large evident penalty ever and has been banned from wall street. >> 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 boski was an out and out 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. there's no doubt he's become a symbol of what...

And it was his early tilt at all these famous deals that brought this new reality to the 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. i freely admit i'm not robinhood. >> it is not wrong to want a profit in capitalist america. it's fair. >> ivan made a fortune buying into companies being taken over by takeover artists. he doesn't want to run those companies just to profit from the runup of the company. >> "forbes" magazine lists him among the 400 richest people in america. estimating his wealth at well ove...

In the names of two dummy corporations in panama. >> the laveen case was the first time the sec has been able to nail down insider frayeding. somebody with a million dollar a year salary which apparently wasn't enough. >> insider trading could become wall street's watergate. >> plea bargaining is now underway with dennis levine. 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 th...