Transcripts for CNN The Eighties 20240604 06:25:00 : vimarsa

CNN The Eighties June 4, 2024 06:25:00

to the attention of other investors, who followed in his wake and sought to imitate what he did. i freely admit that i'm an investor and i want to make a profit. i freely admit i'm not robin hood. it is not wrong to want to profit in capitalist america. it's fair. delaney: ivan boesky has made a fortune buying into companies being pursued by takeover artists. boesky doesn't want to run those companies -- just to profit from the run-up in their stock prices. levine: forbes magazine lists boesky among the 400 richest people in america, estimating his wealth at well over $200 million. where's my share of the profits? stewart: ivan boesky gave the commencement speech 1986 at berkeley, and he really became famous for one line in that speech. [ laughter, cheers and applause ] [ laughter ] stourton: a new film, "wall street," used boesky's words as the basis for some of the dialogue.

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