Word: scandalous
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Dates: during 1980-1989
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...School administrators required Cecola towithdraw from the MBA program in December becauseof his involvement in the Dennis B. Levine insidertrading scandal, which he had participated inwhile a financial analyst with the New York firmof Lazard Freres...
Simultaneously, the SEC prohibited Cecola andfive other businessmen implicated in the scandal,including Levine and Robert M. Wilkis '71, fromworking for investment or municipal securitydivisions of companies in the future...
Author Saint, 45, who got an advance of $5,000 and wrote the book long before the Ivan Boesky insider-trading scandal broke, is enjoying a sudden run-up in his literary stock: book-club, foreign-publication and film rights for Memoirs have brought him about $2.5 million, though the Atheneum edition will not appear until April. Says Saint, whose business ventures were never so profitable: "I had always mistakenly assumed that writing didn...
...image as a nation that stands up to terrorism has already been done. "It's going to be hard to make this stick after the Iran thing," conceded a senior U.S. diplomat. Indeed, the disappearance of Waite may have provided evidence of that. In the aftermath of the scandal over secret U.S. arms sales % in exchange for hostages, the temptation to seize and hold the Anglican envoy as a bargaining chip may have been too great for terrorists to resist...
Confronted with Democratic majorities in Congress and the still unresolved Iran scandal, the President resorts to familiar themes from his glory days. -- Capitol Hill' s new Democratic leaders offer a homespun rebuttal. -- A Senate investigation uncovers "real disarray" in the White House over Iran. -- Small private groups are finding creative solutions to the nation' s housing crisis...