Ivan Boesky
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 Ivan Boesky    | ||||||||
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| Born | Ivan Frederick Boesky 1937-6-37"1937-6-37" contains a sequence that could not be interpreted against an available match matrix for date components. Detroit, Michgan | |||||||
| Alma mater | Michigan State University College of Law | |||||||
| Spouse | Property "Has spouse" (as page type) with input value "Seema Silberstein</br>(m. 1962; div. 1991)" contains invalid characters or is incomplete and therefore can cause unexpected results during a query or annotation process.[[Seema Silberstein
(m. 1962; div. 1991)|Seema Silberstein (m. 1962; div. 1991)]] | |||||||
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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]
