Legendary Wall Street figure Ivan Boesky passes away at the age of 87
Tuesday, 21 May 2024, 01:13
Ivan Boesky, Wall Street Icon
Known as 'Ivan The Terrible', Ivan Boesky was a legendary figure in the world of finance.
The 'Greed is Good' Mantra
Ivan Boesky popularized the phrase 'greed is good', which became synonymous with the era of excess in the 1980s.
Legacy and Controversy
- Boesky fell from grace due to his involvement in a major insider trading scandal that rocked Wall Street.
- His character influenced the portrayal of Gordon Gekko in the movie Wall Street.
- Boesky was a brilliant risk arbitrageur, specializing in takeover stocks.
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