In this episode of Let’s Teach – the story of Ivan Boesky, a Wall Street executive whose wealth, power, and influence were all due to illegal insider trading. To save his own skin, he became a police informant and gave up others just like him, which landed him a sentence that nobody thinks he deserves.
When it comes to the words “Wall Street” and “greed,” perhaps the first thing that you think of is “The Wolf of Wall Street” – a 2013 film starring Leonardo di Caprio. It tells the story of “Jordan Belfort,” an American entrepreneur and stockbroker who was convicted in 1999 for crimes related to stock market manipulation.
But he wasn’t the only “Wolf of Wall Street,” though. Before Belfort, there was Ivan Boesky, who also resorted to illegal means on his way to the top.
Wells Fargo Fraud:
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