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Money Matters: Boesky, Stock Market #100000

ABC Evening News for Monday, Nov 17, 1986
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(Studio: Peter Jennings) Report introduced.

(NYC: Dan Cordtz) Widening of SEC's investigation into insider trading scandal involving Ivan Boesky and others examined; details given, scenes shown. [Courtesy "Bus. World", Securities and Exchange Commission chairperson John SHAD - notes Boesky's cooperating with inquiry.] Boesky's relationship with Dennis Levine, convicted recently of stock fraud, reviewed; Boesky's stock profits from R. J. Reynolds- Nabisco merger cited as example "Wall Street Journal" said claiming subpoenas have been issued to Trans World Airlines, Inc. (TWA) chairperson Carl Icahn, Victor Posner, Michael Milken of Drexel Burnham Lambert and Boyd Jefferies. [New York Stk. Exchange president Robert BIRNBAUM - cites benefits of controversy.]

STK. MKT. REPORT (Studio: Peter Jennings)

Reporter(s):
Cordtz, Dan;
Jennings, Peter
Duration:
00:02:10

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