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Crime History: Wall Street titan Boesky pleads guilty to insider trading

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On this day, Nov. 14, in 1986, Wall Street trader Ivan Boesky pleaded guilty to insider trading. His confession helped bring down "Junk Bond King" Michael Milken. In the midst of the 1980s stock boom, Boesky confessed that he bought illegal inside information about impending mergers to amass a $200 million fortune. The Securities and Exchange Commission later named the day of Boesky's guilty...

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