Obituary

Ivan Boesky, Convicted of Insider Trading in 1980s, Dies at 87

  • Financier symbolized high-flying 1980s Wall Street speculation
  • ‘Greed is healthy,’ he once declared at a college commencement
Ivan Boesky leaves courthouse after pleading guilty to a count of conspiracy in 1987.Photographer: Keith Torrie/New York Daily News/Getty Images
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Ivan Boesky, who reached the pinnacle of fame and fortune as a high-flying Wall Street arbitrageur in the 1980s only to be exposed as a cheat in the insider-trading scandal that defined the era, has died. He was 87.

The New York Times reported his death, citing his daughter, Marianne Boesky. No details were immediately available.