Word: illicitness
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...usual in the hazy area of illicit trading, Giuliani made his case only with the help of an informant. The man who actually fingered the arrested trio was Martin Siegel, 38, who resigned last week as co-chief of mergers and acquisitions for the Drexel Burnham Lambert investment firm and who had previously worked in a similar department of Kidder, Peabody. Known in investigators' documents by the code name CS-1, Siegel had confessed that while at Kidder, Peabody from June 1984 to January 1986, he had been part of an insider-trading ring that included Wigton, Freeman and Tabor...
...ceremonial music and dancing, and the meal following it, are all spiritual offerings to Krishna. Because Krishna respects the sanctity of all life, the devotees are vegetarian. They live according to four basic restrictions, which prohibit intoxication, gambling and illicit sex as well as eating meat. Another requirement is chanting the Hare Krishna mantra sixteen times a day. A mantra, a Sanskrit word combining mind and feeling, is a combination of transcendental sounds which are intended to free the chanter's mind from anxiety...
Students, not immune to the call of the dark, throughout the tunnels' history have found illicit adventure beneath the Houses. And for some students, exploring the tunnels has become a intramural sport. These so-called "tunnel runners" engage in late-night wanderings around the maze of tunnels...
...hand man of the late populist dictator Omar Torrijos, of being "head of the biggest drug-trafficking operation in the Western Hemisphere." Even Noriega's staunchest supporters in Washington suspected that Helms was on to something. Says one Reagan Administration official: "Noriega gets a cut of every kind of illicit business down there...
Ironically, the offense that Boesky was charged with committing is anything but clear cut. Insider trading is a crime that goes virtually undescribed in U.S. securities statutes, although it is roughly defined in court cases as the illicit profiting from information about private corporate behavior before that knowledge has reached the public domain. It has been compared to playing poker with marked cards. But deciding when the cards have been improperly marked -- and, above all, proving it -- is no mean feat, since rumor, innuendo and split-second inference are the stuff of ordinary stock trading...