Inside the escalating insider trading saga in the stock market
The piece surveys the surge in insider trading investigations led by the FBI and SEC, linking the Tyco case and Tyco’s Kozlowski Swartz to broader fears about market integrity. It traces historical acts and figures from 1929 to Enron and Milken, highlighting regulatory responses and rising shareholder risk amid a volatile market.
MENTIONED IN THIS ARTICLE
FBI
ImClone
Sam Waksal
SEC
America
Rohe Pennington
A.G. Edwards
Portsmouth
Pennington
Stephen Ciccone
University of New Hampshire
U.S
Ciccone
New Hampshire
Carol Bloom
Kozlowski
Mark Swartz
Tyco
David W. Tice
Swartz
New York Stock Exchange
Business Week
Congress
Ivan Boesky
Michael Milken
Boesky
Wall Street
Milken
Drexel Burnham
Michael Douglas
Gordon Gekko
Gekko
Enron
Lay
Forbes.com
Ilegal
David Thompson
The
Economic Research Institute
Law experts weigh Enron case after Andersen verdict
Analysts say Arthur Andersen LLP's conviction may adjust prosecutorial focus toward Enron but is not guaranteed to strengthen the government case. Some experts warn it could constrain charges and echo future testimony may challenge Enron defenses while the Enron matter remains tied to the now-convicted auditor.
MENTIONED IN THIS ARTICLE
Washington
Enron Corp
Arthur Andersen LLP
Enron
World Nation
David Yellen
Hofstra University Law School
Ira Lee Sorkin
SEC
Andersen
Sorkin
Robert Mintz
Justice Department
David Duncan
Duncan
Mintz
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