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For example, Gekko's line "Greed, for lack of a better word, is good" was adapted from a remark by Boesky, who himself was later convicted on insider trading charges. [11] [12] Delivering the 1986 commencement address to the School of Business Administration at the University of California, Berkeley, Boesky said, "Greed is all right, by the way ...
Ivan Boesky, a onetime Wall Street titan-turned-convict who served as the partial inspiration for the 1987 Oliver Stone film "Wall Street," has died at the age of 87. ... “I think greed is ...
In 1966, Boesky and his wife moved to New York where he worked for several stock brokerage companies including L.F. Rothschild and Edwards & Hanly.In 1975, he initiated his own stock brokerage company, Ivan F. Boesky & Company, with $700,000 (equivalent to $4 million in 2023) worth of start-up money from his wife's family [6] with a business plan that speculated on corporate takeovers.
Ivan Boesky, the infamous insider trader whose name became synonymous with financial greed and helped inspire the fictional character Gordon Gekko in the 1987 film “Wall Street,” has died. He ...
The defense of greed was adapted from a remark by Boesky, [8] who himself was later convicted of insider trading charges. [28] Delivering the 1986 commencement address to the School of Business Administration at the University of California, Berkeley, Boesky said, "Greed is all right, by the way. I want you to know that. I think greed is healthy.
Ivan F. Boesky, center, leaves federal court in New York, April 24, 1987 after pleading guilty to one count of violating federal securities laws. Boesky died on 20 May, 2024, aged 87. (1987 AP)
Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals in the history of Wall Street, has died at the age of 87.
After Boesky's arrest, accounts widely circulated that he had had told business students during a commencement address at the University of California at Berkeley in 1985 or 1986, "Greed is all right, by the way. I want you to know that. I think greed is healthy. You can be greedy and still feel good about yourself."