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Boesky Sentencing #554206

NBC Evening News for Friday, Dec 18, 1987
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(Studio: Tom Brokaw) Report introduced.

(New York City: Mike Jensen) Wall Street's Ivan Boesky, charged with insider trading, reported being sentenced to three years in jail. Light sentence mentioned due to Boesky's providing information leading to arrest of other inside traders; details given, scenes shown. [Boesky's attorney Leon SILVERMAN - Boesky accepts court's decision and will try to piece life back together.] Judge Morris Lasker quoted regarding sentence and business community. [United States attorney Rudolph GIULIANI - discusses sentence.] [Harvard Law School professor Arthur MILLER - sentence is appropriate.] [MAN - Boesky got off easy.] Scenes shown from "Wall Street", movie depicting Boesky's career and avaricious views. Boesky's ill-gotten possessions listed. Boesky's psychiatrist quoted. Boesky's working with homeless and studying law after arrest noted. Former insider trading partner Dennis Levine mentioned already in jail. Inside trader Martin Siegel noted awaiting sentencing; scenes shown. Drexel Burnham Lambert's Michael Milken investigation reported Judge Lasker quoted regarding Boesky's fines. Boesky mentioned being sent to minimum security prison and will be eligible for parole in two years (Artist: Betty Wells)

Reporter(s):
Brokaw, Tom;
Jensen, Mike
Duration:
00:03:00

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