“Greed is all right” — the forerunner of “Greed is good”

Wall Street whiz Ivan Boesky was riding high in 1986. During the early 1980s, he’d made hundreds of millions of dollars trading stocks, doing real estate deals and masterminding leverage buyouts of distressed businesses. He was lauded as a financial genius in many magazine and newspaper articles and often invited to speak at business seminars, … Read more

“Greed is good!” – the famous movie misquote and it’s real life inspiration

On December 11, 1987 Oliver Stone’s film Wall Street was released in U.S. theaters. The movie stars Michael Douglas as Gordon Gekko, a mega-rich, ethically-challenged Wall Street investor who specializes in corporate takeover schemes. Gekko has no pangs about taking over, gutting, and reselling companies regardless of the impacts on employees and local communities. In … Read more