January 12th, 2006
If there’s one person who best embodied the spirit of corporate America in the 1980s – the shameless pursuit of profit and the conviction that ethics don’t apply in business – it’s Ivan Boesky. A legendary Wall Street investor, Boesky made millions trading stock on insider information before the feds caught on and
sent him, along with his trading partners, to prison. Up until the time he was convicted though, much of the business world viewed Boesky as a hero. In 1986 he was invited to speak at UC Berkeley’s Haas School of Business graduation ceremony, where he delivered what’s become perhaps his best-known line: "Greed is good."
To read more: greenisgood_bayguardian_article_01-12-06