Get the latest gossip
Ivan Boesky Dies: Disgraced Financier Who Inspired ‘Wall Street’s Cutthroat Gordon Gekko Was 87
Ivan F. Boesky, the 1980s financier who inspired the cutthroat corporate raider Gordon Gekko of Oliver Stone's 1987 film Wall Street, died today.
Ivan F. Boesky, the disgraced 1980s financier who inspired the cutthroat corporate raider Gordon Gekko character of Oliver Stone’s 1987 film Wall Street, died in his sleep today at his home in San Diego. Even before Michael Douglas’ indelible portrayal of Gekko made “Greed Is Good” a mantra of the Reagan Era, Boesky had already become a Wall Street evangelist of amoral, me-first philosophy. By the end of the decade, however, Boesky, once ranked among the richest Americans, would become a prison inmate: Implicated in the insider trading scandals that rocked Wall Street in the mid-’80s, Boesky cooperated with then-U.S. attorney Rudolph Giuliani to snare junk bond king Michael Milken in various felonies.
Or read this on Deadline