This Day in Jewish History / A masterful Wall Street con man is arrested
Ivan Boesky elevated insider trading to an art form. The police didn't see it that way, though.
On November 14, 1986, federal officials arrested Ivan Boesky, a Wall Street dealer who had been caught trading on inside information. It turned out that Boesky's , who had become known for his seemingly preternatural ability to know when companies were about to be taken over, had been paying informants to give him the skinny on mergers and the like in advance. tell him just that before it...
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