Difference between revisions of "Ivan Boesky"

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|alma_mater=Michigan State University College of Law
 
|alma_mater=Michigan State University College of Law
 
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|wikipedia_protection=1
|birth_date=1937-6-37
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|birth_date=1937-6-3
 
|birth_name= Ivan Frederick Boesky
 
|birth_name= Ivan Frederick Boesky
 
|birth_place= Detroit, Michigan
 
|birth_place= Detroit, Michigan

Revision as of 21:17, 19 August 2019

Person.png Ivan Boesky  Rdf-entity.pngRdf-icon.png
Ivan Boesky 2016.jpg
BornIvan Frederick Boesky
1937-6-3
Detroit, Michigan
Alma materMichigan State University College of Law
SpouseSeema Silberstein (div. 1991)

Employment.png Owner,  Ivan F. Boesky & Company

Dates unknown

Ivan Boesky is an American stock trader best known for his prominent role in an insider trading scandal that occurred in the mid-1980s. He coined the phrase "Greed is Good" in a speech at the 1986 graduation of the Berkley Business School. [1]

Federal prosecutors investigated Boesky in May of 1986 for his role in the sale of the Beverly Hills Hotel and for purchasing insider information from Dennis Levine of Drexel Burnham. Boesky cooperated with federal authorities in a wiretapping scheme and was ordered to pay a $100 million fine.

Before his charges were announced, he was allowed to sell an estimated $1.6 billion in stocks and repay debts. [2] He is reputed to have been the highest paid person on Wall St. at the time of his indictment. [3]