Word: boyds
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Dates: during 1980-1989
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...identity of the financial community's latest fallen wizard, Boyd Jefferies, may have come as less than a rude shock, since the prominent Los Angeles stock trader was known to have dealt heavily with Arbitrager Ivan Boesky. But on Wall Street, where scandal is becoming almost routine, Jefferies' announcement last week that he would plead guilty to two criminal charges created a whole new sense of dread. For Jefferies was not charged with insider trading, as a dozen others were, but with other rule-bending practices that have become commonly tolerated. The case against Jefferies, based partly on tips provided...
...helped by the revelation that it received an undocumented $5.3 million fee from Boesky last March, which Milken's brother Lowell later averred was for "advisory services." A similar $3 million fee for "investment advisory services" went from Boesky to the Los Angeles brokerage firm Jefferies & Co., headed by Boyd Jefferies, 56. That company specialized in quietly assembling large blocks of shares for corporate raiders outside the purview of the New York Stock Exchange. In that role, Jefferies & Co. almost always had advance knowledge of any important takeover deal. Lawyers familiar with the SEC say the regulatory agency is looking...
...thrilled to have him," said another committee member Richard Boyd, who is also a professor of philosophy at Cornell...
...Boyd Jefferies, 56, chairman of the Los Angeles-based Jefferies & Co. investment firm, which specializes in assembling large blocks of stock in takeover targets. Jefferies recently supplied Canadian Raider Robert Campeau with $1.8 billion worth of stock in Allied Stores, a move that eased a $3.6 billion takeover of the retail chain. Jefferies has acknowledged receiving a subpoena, and told the New York Times that he was innocent of wrongdoing. Also served was Michael Singer, 37, a former Jefferies senior vice president who | switched in October to the Manhattan-based Salomon Brothers investment firm. Singer resigned his new post last...
Boston pitcher Dennis "Oil Can" Boyd had this to say after Canseco knocked his best screwball for a homer: "He will be legendary...