NEW YORK The conviction of six Wall Street professionals onracketeering charges strengthens the government's decision to use thecontroversial tactic to fight white-collar corruption, legal expertssaid Tuesday.
But Monday's guilty verdict on 63 of 64 counts in a case linkedto separate charges against financier Michael Milken doesn't erasequestions about whether prosecutors are misapplying the racketeeringlaw, originally designed to combat the mob.
The U.S. District Court trial of five executives in the defunctinvestment firm Princeton-Newport Partners LP and a former DrexelBurnham Lambert Inc. trader was the first time the statute was usedin a securities …
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