but what dennis levine did was lead to ivan boesky.sky has been fined the largest penalty ever for insider stock trading, and he has been barred now from the securities industry. monsees: boesky did what he publicly claimed he would never do -- use insider information to buy huge blocks of stock in companies secretly involved in takeover deals. ivan boesky was an out-and-out crook, handing bags of cash to people who would give him inside information. if we had capital punishment for white-collar crimes, i'd say he'd be a prime candidate. stourton: ivan boesky arrived in court to hear himself described as a man whose arrogance has been stripped away. there's no doubt that the man has become a symbol of what's wrong with wall street. the news of the boesky indictment was like the bombshell of the decade on wall street. what do we call greed the day before an indictment is filed, if you get my meaning? i'm afraid recently, we've called it success -- that some of the people who have now turned out to have been engaged in criminal activity,

the plane coming by ryan jacob boesky saw the crash and says the air show crowd was quickly told whatt wrong. yeah, so the announcers came over the air and they were basically explaining what had happened that the pilots were ejecting out and that there was a crash, a statement from the wayne county airport authority overseeing the air show says the pilot and back seater success safely ejected from the aircraft before the crash. >> while it did not appear they sustained any significant injuries, first responders transported the pair to a nearby hospital as a precaution. incredibly they both survived. >> i'm glad that, you know, nobody was injured on the actual field or anywhere else. >> airport authorities say the pilots declared an emergency just before they ejected from the plane. no word on their conditions overnight. the faa and the ntsb will investigate the crash. morgan andrew, incredible that everyone survived there. >> derek, thank you. well, time now for a look at your morning weather. residents near columbus , ohio, are cleaning up after two tornadoes touched down over the w

but in major cases like the boesky case, and the milken case, this is not meant for election interferenceidiculous, what she's doing. >> the former new york city mayor who was once a poster boy for law and order now thinks that lotus and apply to him. i've known rudy for a long time and we have had our share of run-ins here in new york city. his administration was credited with lowering crime, but at came at a high cost to black and brown communities who are disproportionately targeted by his broken windows and stop and frisk policing policies. many young men had their lives ruined as that were criminalized and tossed into the prison system for minor offenses. and some of them lost their lives, entirely due to heavy-handed police tactics. we still remember their names, such as -- and patrick horseman. some americans forgot all of this after 9/11. when rudy became americas mayor. but 2008, he even seemed briefly like i viable presidential candidates. but in the, and rudy squandered his political redemption by hefting -- hitching his wagon to donald j trump. rudy help trump get elected in 2

, racketeering case, like the cases i used to bring, not only against the mafia, but also against boesky. >> so, fani willis has brought this -- go ahead. go ahead. >> no, i was just saying, you are watching him -- off like that makes me -- good luck to him. i hope all of the things that he claims are great about bringing racketeering challenges he gets the full weight of. based on what you've seen in red for the defendants, what is it here? >> i really don't, know i put my defense hat on and my personal feelings on having tried to have the jury in multi defendant rico cases and ten racketeering trials to a verdict. and, several others that ended in pleads. so you know i know what it's like to be in there and tried to fight a very strong indictment like the one that the wallace just brought. so, i think what he is going to try to do is say, look, there is no real enterprise here. which is one of the two required elements you have to have in enterprise. a separate enterprise. and then connected in a series of a pattern of racketeering. and what you can see when you read the indictment, on

but in major cases like the boesky case, the milken case, this is not meant for election disputes.iculous, what she's doing. >> rudy is correct. he really did pioneer the use of racketeering laws, often shorthanded as rico, to go after white collar criminals. it was an innovation of his, like michael milken, as he mentioned. he brought rico charges against the mob, the five families in new york, helping to bring down organized crime in new york. according to new reporting for the messenger, wiseguys are rejoicing in the wake of giuliani's own rico indictment. a veteran mob lawyer says his clients are, quote, effing thrilled. giuliani also used the rico laws to go after corruption in politics. one of the ways he kick-started his own electoral career in the city of new york was turning his office, the u.s. attorney's office, attention to the democratic political machine of the city, which he was, of course, going to run against, in the race for mayor. in 1986, he took down stanley friedman on racketeering charges. that was a democrat from the bronx, one of new york's most powerful po

ivan boesky: one of the great things about this nation is that we can seek profit.

. - once one of wall street's mightiest, ivan boesky appeared for sentencing, in the judge's words, humiliatedt down to size. - and all of that was entwined with what was a deeply corrupt system. - you find for me in the law where the united states congress has distinguished multibillion-dollar financial firms from other institutions, and you show me where that is. - rudy created the character of himself as a working-class, seam straight, streetwise new yorker who wasn't gonna take all the bullshit from these elites. rudy knew that he was igniting a populist revolt against this class of people. it is like the american narrative of the little guy who stands up and turns things over, a little guy who can finally hand back to the people who have humiliated him or disappointed him. that's the american thing, you know? - the federal government's investigation of insider trading on wall street has widened dramatically. - the arrests and the fraud charges were announced by u.s. attorney rudolph giuliani. - complaints allege of illegal profits of millions and millions of dollars. - wall street isn't u

case, racketeering case like the cases that i used to bring, not only against the mafia, but against boesky. >> the clinton foundation is a fraud, the clinton foundation to me is a racketeering enterprise and the state department was a pay for play organization. >> and i push on top of it a racketeering enterprise, the clinton foundation. clinton incorporated, racketeering enterprise. it should have an italian name, if they had an italian name they would've been prosecuted already. >> if i were back in my old job of u.s. attorney would probably indict the clinton foundation as a racketeering enterprise. >> i know you are thinking, okay, laura those are references from years ago. i mean, there is no way that rudy giuliani is still touting rico considering of course what he is going through right now. right? >> not if they do it i recommended four years ago, they could easily do for them, which is bring a racketeering case. the statute of limitations has not run on a racketeering case, i can get them all in. and hunter biden is the classical definition of a racketeering case. >> that did say

vlatko and boesky resigned last resigned less than two weeks after the us lost to sweden in the world round of 16. it is team usa's worst world cup performance and tennessee took over the women's soccer program back in 2019. but many say his us teams underachieved, starting with a bronze medal at the 2021 summer olympics in tokyo. team usa's next challenge is next year's summer games in paris and the last two matches of the world cup will be this weekend here on channel two, early saturday morning will be the third place match between sweden and australia, and sunday morning will be the world cup final between spain and england. coverage for that begins at 2 a.m. this weekend m nal concert of the 86 stern grove summer festival and one famous band is set to perform for the season finale. the city of san francisco has declared this upcoming sunday flaming lips day in honor of the band's ties to the city. earlier on the night, the marketing director at stern grove festival came on the show to talk and make that special announcement. so we are actually doing a proclamation that is going t