Michael Douglas' famous 'Greed is good' line came from Boesky, who died on Monday at 87.
Ivan Boesky, the one-time Wall Street tycoon, convicted fraudster and inspiration for the Gordon Gekko character in 'Wall Street' died Monday in his California home, his family confirmed. He was 87 years old.Boesky was once considered one of the richest and most influential risk-takers on Wall Street during the high-flying 1980s.
''The point is, ladies and gentlemen, that greed, for lack of a better word, is good,' Gekko tells his shareholders in the film. 'Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.
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