OTHER NEWS - Aug. 21, 1992
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From Times Staff and Wire Reports
Former Merrill Lynch Analyst Indicted: A former junk bond analyst at Merrill Lynch & Co. and his college friend were indicted in an alleged insider trading scheme that netted more than $1 million. Edward L. Scherer, 32, of Houston, and Ellis J. Strelitz, 31, a furniture company executive from Virginia, were charged with conspiracy, wire fraud and commercial bribery.
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