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Quote by Ivan Boesky

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Ivan Boesky
Ivan Boesky

Ivan Boesky, born on March 6, 1937, was a significant figure in the Wall Street financial world. He became famous in the early 1980s for his alleged insider trading, which ultimately led to reforms by the U.S. Securities and Exchange Commission (SEC). more

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“A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.”

“You know what they want? They want obedient workers. Obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it. And now they're coming for your Social Security money. They want your f**kin' retirement money. They want it back so they can give it to their criminal friends on Wall Street.”