The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

World News

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

by admin May 21, 2024
May 21, 2024
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

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.

Though he denied ever saying it, contemporary accounts reported Boesky extolling the virtues of avarice in a commencement speech at the University of California Berkeley in 1986.

“I think greed is healthy,’ Boesky reportedly said. “You can be greedy and still feel good about yourself.”

At that point, he was seen as a money-making visionary for his seeming ability to predict business mergers.

By the end of that year, Boesky had been charged with insider trading, having made lucrative stock bets based on illicit access to proprietary information.

As it turned out, Boesky was sending literal briefcases full of cash to an insider at a well-known Wall Street firm in exchange for tips about acquisition activity.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
The One Chart to Watch as S&P 500 Makes New All-Time Highs
next post
Red Lobster files for bankruptcy, but restaurants will stay open

Related Posts

Dave & Buster’s plan to allow betting on...

May 7, 2024

TD Bank pleads guilty in money laundering case,...

October 11, 2024

Adidas to cut up to 500 jobs after...

January 27, 2025

Palm Beach housekeepers are making $150,000 a year...

May 24, 2024

Retail crime ‘queenpin’ to pay millions in restitution...

January 24, 2025

Microsoft CEO Nadella forms new AI group to...

January 14, 2025

Walmart says more diners are buying its groceries...

May 17, 2024

How digitally native companies like Rothy’s are growing...

February 26, 2025

Nvidia CEO Jensen Huang warns China is ‘not...

May 1, 2025

U.S. consumer sentiment falls slightly as outlook for...

April 16, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Kraft Heinz to split into two companies

      September 3, 2025
    • U.S. judge orders Google to share search data with competitors

      September 3, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      September 3, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      September 3, 2025
    • Trump admin scores legal win in $16B climate fight as federal appeals court lifts block on grant terminations

      September 3, 2025
    • Massie fires back after Johnson calls his Epstein records push ‘meaningless’

      September 3, 2025

    Categories

    • Business (1,373)
    • Politics (4,383)
    • Stocks (1,625)
    • Uncategorized (45)
    • World News (1,366)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved