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  1. May 20, 2024 · As federal investigators closed in on Mr. Boesky, he agreed to cooperate, providing information that led to the downfall of the investment bank Drexel Burnham Lambert and its junk bond king,...

  2. May 20, 2024 · Working undercover, Boesky secretly taped three conversations with Michael Milken, the so-called "junk bond king" whose work with Drexel Burnham Lambert had revolutionized the credit markets.

  3. May 20, 2024 · Boesky was an arbitrageur, a risk-taker who made millions by betting on stocks thought to be the target of corporate takeovers. But some of his tips came from within the mergers and acquisitions departments of Drexel Burnham Lambert Inc. and Kidder, Peabody & Co.

  4. May 20, 2024 · Working undercover, Boesky secretly taped three conversations with Michael Milken, the so-called "junk bond king" whose work with Drexel Burnham Lambert had revolutionized the credit markets.

  5. May 20, 2024 · His former firm, Drexel Burnham Lambert, disbanded. Milken reinvented himself after prison as a consultant and philanthropist whose good deeds included funding cancer research. He was...

  6. May 20, 2024 · Working undercover, Boesky secretly taped three conversations with Michael Milken, the so-called "junk bond king" whose work with Drexel Burnham Lambert had revolutionized the credit markets. Milken eventually pleaded guilty to six felonies and served 22 months in prison, while Boesky paid a $100 million fine and spent 20 months in a minimum ...

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  8. May 20, 2024 · Boesky's cooperation with investigators led to the collapse of Drexel Burnham Lambert. Ivan F. Boesky, a prominent figure in the 1980s Wall Street insider trading scandals, died Monday at the...

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