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

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 you're that rich though, you probably aren't worried too much about your tweets. you probably get real confident. i'm pretty confident and i don't even have a lot of money. i'm confident enough to tweet some pretty ridiculous stuff as it is. i can't imagine being that rich and that powerful and not every now and then, i have these followers, wouldn't it be funny if i said this? >> but he doesn't strike me as a crook or an iva...

>> 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 they're practically jumping out windows. it comes out he's been taping his phone calls and maybe private talks for three ...

>> 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. there's no doubt he's become a symbol of what's wrong with wall street. >> the indictment was like the bombshell on wall street. what is do we call greed th...

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. it's 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. >> where's my share of the profits? >> ivan gave the commencement speech in 1986 and he became famous for one line in that speech. >> i urge you, seek wealth. it's all right. >> a now film use...

>> levine was a fish, boesky was a shark. who is the whale they're going to catch? >> i don't 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 client's expense. >> authorities are worried that