Word: sums
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...takeover bids. Levine has been ordered to pay back $11.6 million in illegal profits and awaits sentencing on four criminal counts. In the spring of 1985 Boesky allegedly promised to pay Levine a percentage of profits for his tips, and subsequently the two agreed on a $2.4 million lump-sum payment. The SEC's complaint detailed a number of stock-trading situations in which Boesky had profited illegally to the tune of "more than $50 million." Among the stocks cited: Nabisco Brands, Houston Natural Gas, General Foods, Union Carbide and Boise Cascade...
...gasps began at Sotheby's on Nov. 10, when Jasper John's Out the Window sold for $3.6 million, the highest sum ever paid for the work of a living artist. Last week the old master drawings owned by John Ryan Gaines, a Kentucky horse breeder and the son of the founder of the Gaines dog-food company, fetched $21 million. The top seller: Leonardo da Vinci's Child with a Lamb, a group of sketches in brown ink, which was bought by the J. Paul Getty Museum in Malibu, Calif., for $3.6 million...
...just can't seem to learn a lesson, because he is hardly being punished. One would think that Dennis Levine, who "pushed the domino over" for Boesky when he was busted for insider trading to the sum of $12.5 million, would be a portrait of leniency when compared to Boesky's case. Levine is now awaiting sentencing which could place him in jail for 25 years...
...time being, Ivan will just have to incarcerate himself at his $10 million estate and continue to play with an inordinate sum of money. Unfortunately, the $100 million slap on the wrist will not prevent him from playing squash. At best his concentration could be broken by the pending lawsuits and an outbreak of public fury...
...trading on information from Levine that led Boesky to make an initial stock purchase. Boesky is alleged to have offered Levine a 1% commission when his information affected trade in stocks that the speculator already possessed. Around April of this year, the Government charged, Boesky offered Levine a lump-sum $2.4 million payment for his illegal tipster services. None of that money had been paid by May 12, when the SEC closed in on Levine for his misdoings...