SECURITIES

Mozer Pleads Guilty: Paul Mozer, 38, a central figure in the Salomon Bros. Treasury bond scandal, entered the plea on two counts of making false statements about illegal billion-dollar bids at a 1991 Treasury auction. Mozer fidgeted as he told U.S. District Judge Pierre N. Leval that he made the statements to the U.S. Treasury and Federal Reserve Board investigators. The charges stem from two illegal bids, each totaling $3.15 billion, which Mozer authorized for five-year Treasury notes on Feb. 21, 1991. Mozer said he submitted the bids under the names of two customers, Quantum Fund and Warburg Asset Management, without their permission, when in fact the bids were for Salomon. Mozer, former chief of Salomon’s bond trading desk, faces a maximum 10-year prison sentence and a $500,000 fine when he returns to court Dec. 14.