Another Giuliani Win Gets Thrown Out

Wall Street got a measure of revenge on July 10, when the U. S. Court of Appeals in New York reversed the conviction of arbitrageur John Mulheren. Last fall, he was convicted of securities and wire fraud, largely on the testimony of confessed stock swindler Ivan Boesky. Mulheren was sentenced to one year in jail and ordered to pay $1.7 million in fines.

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