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MILKEN, BOESKY GET IMMUNITY TO TESTIFY BEFORE CONGRESS

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Junk bond financier Michael Milken and convicted stock speculator Ivan Boesky will be granted immunity from additional prosecution to get them to testify before Congress.

That decision by the House Energy and Commerce Committee on Thursday means that nothing the two most famous figures in the Wall Street scandals of the 1980s tell to Congress could be used against them in court.No date has been set for their appearance before the panel's investigations subcommittee, but the committee agreed to delay Milken's testimony until after he is sentenced for securities fraud, now scheduled for Oct. 1.

The committee voted 42-1 to grant immunity. A two-thirds majority was needed. The lone dissent came from Rep. Joe Barton, R-Texas. Spokesman Craig Murphy said the congressman "does not believe in giving immunity to convicted felons."

Boesky has agreed to extensive subcommittee staff interviews before his actual testimony. Milken has not agreed to such interviews, said Rep. John Dingell, D-Mich., chairman of both the committee and subcommittee.