from King World News
s we kickoff a other trading week, we are now in the greed phase of the bull market, but look at this…
“Greed is all right, by the way. I want you to know that. I think greed is healthy. You can be greedy and still feel good about yourself.” — Ivan Boesky speech, 1986
December 14 (King World News) – Danielle DiMartino Booth at Quill Intelligence: Of the speech, Newsweek magazine commented:
“The strangest thing, when we come to look back, will be not just that Ivan Boesky could say that at a business-school graduation, but that it was greeted with laughter and applause.”
On November 15th of that same year, Boesky agreed to pay a $100 million penalty to the Securities and Exchange Commission for illegal insider trading.