• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87
Editor's Pick

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

by May 21, 2024
by May 21, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

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
You Might Also Like
  • Fed chair Jerome Powell: No sign of stagflation in U.S. economy
  • Social Security checks are about to change. Here’s when and how much.
  • Paris seeing signs of strong travel demand ahead of Summer Olympics — but plenty of deals remain
  • Trump Media stock erases all gains since it began trading as DJT shares fall another 11% Monday
Share
0
FacebookTwitterPinterestWhatsapp

previous post
2024 showdown: Trump tops Biden in April campaign cash dash
next post
As their customers age, department stores chase younger shoppers

You may also like

Blues Wireless Launches Industry-First No-Code Firmware Update Capability

January 9, 2023

Mortgage demand drops to 27-year low despite drop in interest...

September 7, 2023

Trump Media sues Brazil Supreme Court judge who battled Elon...

February 20, 2025

Airgain® Partners With Deutsche Telekom for Borderless IoT

January 10, 2023

McDonald’s to extend $5 value meal in most U.S. markets...

July 23, 2024

UAW strike would show Biden, other leaders it’s time to...

September 7, 2023

Under Armour is laying off workers as retailer says North...

May 17, 2024

Federal Reserve holds interest rates steady as consumer confidence improves...

February 1, 2024

Americans are unusually down on a solid economy. So far,...

November 9, 2023

Southwest Airlines is now limiting a service that lets passengers...

August 25, 2023

    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.

    Recent Posts

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025
    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,631 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,577 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,451 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters...

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Disclaimer: RoundTableThoughts.com, 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 © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Public IoT tariffs remain few and...

    December 16, 2022

    Dave & Buster’s to let players...

    May 2, 2024

    Savings drained and living off $2,400...

    July 18, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here