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Ivan Frederick Boesky (/ ˈ b oʊ s k i /; [1] March 6, 1937 – May 20, 2024) was an American stock trader known for his prominent role in an insider trading scandal in the mid-1980s. [2] He pleaded guilty, was fined a record $100 million, served three years in prison, and became a government informant.
Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals in the history of Wall Street, has died at the age of 87.
Ivan F Boesky, the infamous Wall Street trader who inspired Michael Douglas‘s Gordon Gecko character in the movie Wall Street, has died at the age of 87.. His daughter Marianne Boesky told The ...
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.
NEW YORK (AP) — Ivan Boesky, involved in one of Wall Street's biggest insider trading scandals, dies at age 87, according to reports. 05/20/2024 17:16 -0400
The scandal was discovered in testimony given by the US stock trader Ivan Boesky as part of a plea bargain. Ernest Saunders , Gerald Ronson , Jack Lyons and Anthony Parnes , the so-called Guinness four , were charged, paid large fines and, with the exception of Lyons, who was suffering from ill health, served prison sentences. [ 1 ]
He wrote about the stock trading scandals involving speculator Ivan Boesky and junk bond king Michael Milken, as well as the Treasury markets scandal at Salomon Brothers. He also covered the excesses of the takeover era, including the biggest deal of the time, the acquisition of RJR Nabisco by Kohlberg Kravis Roberts & Company .
Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals on Wall Street, has died at the age of 87. His daughter Marianne Boesky told The New York Times on Monday that he died in his sleep, and his wife confirmed Boesky's death to The Washington Post.