Ex-Shearson Exec To Plead Guilty in Stock-Loan Investigation
Stefan Fatsis
Associated Press, 7 September 1989
The expected guilty plea by Dennis T. Palmeri, Shearson’s former executive vice president in charge of stock loans, would be the first action following more than a year of examination by federal prosecutors.
The case also is said to be derived from information from jailed speculator Ivan F. Boesky, a major source of evidence for Wall Street securities investigations since he was ensnared in an insider trading probe in 1986.
