Levine finds prison life low security and routine
New York AP reports Wall Street figure Dennis B. Levine serves a two year securities fraud term at Lewisburg Camp in Pennsylvania. He works landscaping for a $30 credit, earns $50 monthly, shares dorms with inmates, and enjoys limited cable and recreation as guards patrol lightly.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dennis B. Levine
Federal
Lewisburg
Clifford Kinney
Levine
Kinney
Kidney
Linda Cortese
Lewisburg Prison
Insider trading lawsuits swamp Wall Street
The year-old insider trading scandal widens with more than a dozen civil suits filed by shareholders and companies against Dennis B. Levine, Ivan Boesky, Drexel Burnham Lambert and others. Some suits name Kidder Peabody Goldman Sachs Shearson Lehman and Jefferies for alleged inside information trades. Judges have dismissed some claims while others seek billions in damages, signaling years of legal battles ahead.
MENTIONED IN THIS ARTICLE
New York
Dennis B. Levine
Ivan F. Boesky
Wall Street
Levine
Boesky
Drexel Burnham Lambert Inc
Kidder Peabody & Co
Goldman Sachs & Co
Shearson Lehman Brothers Inc
Jefferies Group Inc
Richard D. Greenfield
Pennsylvania
Greenfield
Levine, Boesky
Drexel
Unocal Corp
Goldman Sachs
Kidder Peabody
Mesa Petroleum Corp
Unocal
Frst
Chicago
FMC Corp
Drexel, Levine
FMC
Insider trading cases test ethics and accountability
Insider trading will be unable to build their cases on his guilty plea. The lawsuits raise broad issues over what constitutes insider trading, how to compensate victims, and whether a firm can be held responsible for an employee's transgressions.
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Maryelles Thoms
Federal Bureau of Prisons
Washington
Allenwood
U.S
Ron Williams
Levine and Boesky
Fischbach Corp
Securities and Exchange Commission
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Horizon
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Frederick, Md
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Franks
Hamburger
Byron
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Orang
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Maytag
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