Word: probe
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Dates: during 1980-1989
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WASHINGTON--Senate investigators quizzed the CIA's No. 2 man for four hours and subpoenaed documents around the country yesterday in an expanding probe into the secret sale of arms to Iran and transfer of profits to Nicaraguan rebels...
While the administration awaited appointment ofan independent counsel to investigate theonce-secret arms sale to Iran and the funneling ofprofits through a Swiss bank account to Nicaraguanforces, Senate leaders appeared headed forcreation of a single "supercommittee" to conductits own probe...
...another government source confirmed thestory, which first appeared in the WashingtonPost, and said the co-mingling of funds "will bethe subject of the investigation" of theindependent counsel appointed to probe the armssale. This source declined to be named publicly...
...shadowy figure whom few people had heard of until last week: Ivan Boesky. On Nov. 14 the Securities and Exchange Commission electrified the financial world with news that Boesky, 49, one of America's richest and savviest stock-market speculators, had been caught in an ongoing insider-trading probe. Boesky had agreed to pay $100 million in penalties, return profits and accept eventual banishment from professional stock trading for life for his alleged wrongdoings. He also faces a single, as yet unspecified, criminal charge, which could lead to a five-year prison term...
Those long-suppressed anxieties surfaced last week as the insider-trading probe began to focus on Drexel and several of its top officials. Resale prices for many of the $120 billion in outstanding junk bonds slumped sharply, and investors wondered if the world of high-yield, high-risk finance was crumbling...