Word: ivans
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Dates: during 1980-1989
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...pool at the Beverly Hills Hotel are on the set of a deal so big and racy that it could inspire a screenplay. The 74-year-old pink-and-green landmark has been sold at auction by the feuding family of Wall Street's most notorious insider trader, Ivan Boesky. The buyer: Tycoon Marvin Davis. The secretive Denver oilman, 61, submitted the winning bid of about $135 million to Boesky's wife Seema and her sister Muriel Slatkin. The sisters have not spoken in years, partly because Seema, who held 52% of the property, and Ivan refused Muriel a private...
...Ivan Boesky, the credit he deserves...
...THINK Ivan Boesky got off easy, you should hear about Morton-Thiokol...
None of the above. Officials at the Marshall Space Center recently announced that the maximum "fee reduction" which Morton-Thiokol would receive is $10 million. That's one-tenth of Ivan Boesky's fine. It's not nearly severe enough to be called a slap on the wrist...
Like residents of some bombarded city taking advantage of a lull in the shelling, Wall Streeters scrambled from underneath their desks last week and tried to get their morale and finances in shape. Stunned by the Ivan Boesky insider-trading disclosures of Nov. 14 and expecting more to come, investors pulled their money out of takeover-target stocks and instead poured their cash into stabler, less controversial shares. Nevertheless, takeover artists got back some of their nerve and launched a flurry of new merger bids. All the while, angry accusations flew back and forth as the players in the widening...