Ivan Boesky, Proponent of ‘Greed is Good,’ Dies at 87 After Insider Trading Scandal

Ivan Boesky, the financier who coined the infamous phrase ‘greed is good,’ passed away at the age of 87. Once known as a brilliant risk-taker on Wall Street, Boesky became embroiled in one of the most significant insider trading scandals of the 1980s, leading to his indictment and imprisonment. Boesky’s legacy remains intertwined with the rise and fall of the era’s financial excess.

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