Word: goldmans
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Four Quincy House students gave a dining hall worker who tied the knot Saturday a unique wedding gift. Andrew H.M. Ayre '87, Jon E. Goldman '87, David A. Kirsch '86-87, and Stephen E. Pomper '87 last Thursday hired a male stripper named David to give Aurora Dias a memorable send...
...Journal account, as well as any other wrongdoing. The Government charges that Siegel, who was apparently eager to get the arbitrage division rolling quickly, took part in a plan to share inside tips among two Kidder, Peabody arbitragers, Richard Wigton and Timothy Tabor, and a counterpart at the Goldman, Sachs investment firm, Robert Freeman...
...buck. Wigton had been a member of the Kidder, Peabody firm for more than 30 years. He was elected last year to the board of governors of the National Association of Securities Dealers, the respected regulating arm of the over-the-counter stock industry. Freeman was a 22-year Goldman, Sachs veteran. Only the youthful Tabor could be described in fast-track terms. A Rhodes scholar, he held down the No. 2 job in Kidder's arbitrage department under Wigton. In 1986 he hopped to Chemical Bank to head a new arbitrage unit. When his views clashed with those...
...against the three date back to June 1984, and, among other things, they involve the 1985 takeover battle waged against oil giant Unocal by Corporate Raider T. Boone Pickens. (At no point last week was Pickens alleged to have taken part in any wrongdoing.) Unocal, which was advised by Goldman, Sachs, eventually beat off the raider's advances, at a cost of $4.4 billion. But according to the charges, Goldman, Sachs Partner Freeman, who was privy to Unocal strategy, disclosed inside information about an important defensive move to Siegel at Kidder, Peabody. The move was a so-called exclusionary stock...
...federal authorities also charged that at roughly the same time, Siegel passed illegal insider information back to Goldman, Sachs' Freeman. Siegel allegedly told Freeman of secret plans by a Kidder, Peabody client, the Manhattan investment firm Kohlberg, Kravis, Roberts, to launch a takeover bid for Miami-based Storer Communications. That put Freeman in a position to profit from trading in Storer stock...