The Dark Side of Finance

Ivan Boesky: Wall Street’s Most Infamous Insider Trading Scandal


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In this week’s episode of The Dark Side of Finance, Darryl Lyons takes us on a deep dive into one of the most infamous insider trading scandals in Wall Street history - the rise and fall of Ivan Boesky. Known as "Ivan the Terrible," Boesky's story is a riveting tale of ambition, greed, and the consequences of financial misconduct that rocked the 1980s financial world.

Darryl unpacks how Boesky leveraged insider information to amass a fortune, only to face a dramatic downfall orchestrated by federal prosecutors, including Rudy Giuliani. Along the way, listeners will gain insights into the broader implications of insider trading on trust in the financial system and the regulations that aim to maintain a level playing field.

Key show highlights include:

  • The history of insider trading and why it poses such a significant threat to economic trust.
  • How Ivan Boesky's merger arbitrage strategy turned illicit insider information into millions.
  • The cultural impact of Boesky's actions, from inspiring Wall Street’s Gordon Gekko to becoming a cautionary tale in financial ethics.
  • Practical lessons on identifying and protecting against modern financial misconduct. 

Join Darryl as he paints a vivid portrait of an era defined by excess, examining how the lessons of Boesky's case still resonate today. With actionable advice for safeguarding your financial future, this episode is a must-listen for anyone looking to stay vigilant in an ever-evolving financial landscape. Remember, trust is the lifeblood of our economic system - keep your head on a swivel as we explore The Dark Side of Finance.

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The Dark Side of FinanceBy Darryl Lyons

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