NBC Evening News for Saturday, Nov 22, 1986
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.
(Studio: Connie Chung) Report introduced.
(DC: Irving R. Levine) SEC's defense of its action against Ivan Boesky for insider trading violations and background to developing scandal reviewed; Drexel Burnham Lambert bond broker Michael Milken's role in Boesky affair discussed. Attorney Edward Bennett Williams said approached to represent Milken. Criticism of Securities and Exchange Commission allowing Boesky to make major stock sale just prior to announcement of penalties against him considered. [Representative Charles SCHUMER - accuses Securities and Exchange Commission of hypocrisy.] [Representative John DINGELL - believes Securities and Exchange Commission justification of action will be difficult.] [SCHUMER - questions agency's leniency toward Boesky.] Securities and Exchange Commission penalties against Boesky outlined. [Advest Incorporated spokesperson William LeFEVRE - notes Boesky can legally trade on United States mkts. from overseas office]
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.