The imprisoned ex-president of the failed securities...
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The imprisoned ex-president of the failed securities company Bevill, Bresler & Schulman Inc. pleaded guilty to perjury for denying involvement in the fraud that led to the firm’s $144-million collapse in 1985. Gilbert C. Schulman, 41, also said he lied when he denied during two trials in April, 1987, and July, 1987, that he regularly received secret interest rate data from a board member of the New York Federal Reserve Bank, Robert A. Rough. Asst. U.S. Atty. Paul Weissman said Schulman would be called as a witness against Rough at Rough’s trial on insider trading charges, scheduled to begin Feb. 21.
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