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BUSINESS
November 3, 1988 | SCOT J. PALTROW, Times Staff Writer
Two Wall Street arbitrage firms and three individuals were indicted by a federal grand jury Wednesday on conspiracy and securities fraud charges in a case stemming from the so-called Yuppie Five insider trading investigation begun in 1986. The indictment appears to be a further indication of Manhattan U.S. Atty. Rudolph W. Giuliani's willingness to indict Wall Street firms and not just employees in the recent crackdown on Wall Street corruption.
BUSINESS
November 4, 1988 | SCOT J. PALTROW, Times Staff Writer
The wave of indictments of well-known Wall Street figures continued Thursday with the filing of federal conspiracy and market manipulation charges against Salim B. Lewis, a leading speculator in takeover stocks, and his arbitrage firm, S. B. Lewis & Co. Lewis, 49, a former associate of Ivan F. Boesky, and his firm were accused of acting to artificially raise the market price of Fireman's Fund Corp.
BUSINESS
November 3, 1988 | SCOT J. PALTROW, Times Staff Writer
Two Wall Street arbitrage firms and three individuals were indicted by a federal grand jury Wednesday on conspiracy and securities fraud charges in a case stemming from the so-called Yuppie Five insider trading investigation begun in 1986. The indictment appears to be a further indication of Manhattan U.S. Atty. Rudolph W. Giuliani's willingness to indict Wall Street firms and not just employees in the recent crackdown on Wall Street corruption.
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