Martin Siegel

Martin Siegel was a star investment banker who became embroiled in the insider trading scandals of the 1980s, alongside Ivan Boesky and Michael Milken. He attended Harvard Business School before working at Kidder Peabody and Drexel Burnham Lambert. He was lauded in the banking industry as a leading expert in defensive tactics for avoiding hostile takeovers. In 1987, he plead guilty to one count of conspiracy to violate the securities laws and one count of tax evasion for failing to report payments from arbitrageur Ivan Boesky. Having cooperated with the government, Siegel received only a two-month prison sentence. His involvement in criminal activities is recounted in the book Den of Thieves by Pulitzer Prize winning author James B. Stewart.

External links

* [http://jcgi.pathfinder.com/time/magazine/printout/0,8816,963571,00.html "A Raid on Wall Street" Time magazine article describing Martin Siegel's involvement in the insider trading scandals of the 1980s]