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Transcripts For CNNW The 20240704

Rogers weve had 29yearolds making 1 million a year, expecting to make 2 million the year after that. Diana ferry but if youve got plastic money, theres Nothing Holding you back. History will prove the bakkers were honest people. Reporter Insider Trading could become wall streets watergate. Pauley what do we call greed the day before an indictment . Im afraid recently, weve called it success. Robinson the u. S. Economy, which used to be the envy of the world, is in the most serious trouble since the Great Depression. Inflation is rising while our standard of living is declining. Thomas there was tremendous inflation and not much growth. The country was not in a Great Depression in 1980, but the United States
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Transcripts For CNN The Eighties 20240707



what do we wall greed the day before an indictment? i m afraid recently we ve called it success. the u.s. economy, which used to be the envy of the world, is in the most serious trouble since the great depression. inflation is rising, while the standard of living is declining. there was tremendous inflation, and not much growth. the country was not in a great depression in 1980, but the united states was in the dumps. on wall street, it was cold, gray, wet, and miserable. there was no comfort to be found outside. and for investors, there was not much inside either. the tickers carried almost nothing but bad news. we d come off a terrible decade for investing. people were skeptical of the stock market. it was a very sleepy wall street back then. most economists expect a serious recession, with at least 2 million more americans losing their jobs. i regret to say that we re in the worst economic mess since the great depression. literally fro ....

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Transcripts for CNN The Eighties 20240604 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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Transcripts for CNN The Eighties 20240604 05:25:00

Famous deals that brought this new reality to the attention of other investors who followed in his wake and sought to imitate what he did. i freely admit, i am an investor and i want to make a profit. i freely admit i am not robin hood. it is not wrong to want a profit in capitalist america. it s fair. ivan boesky made a fortune buying into companies being pursued by takeover artists. boesky doesn t want to run those companies, just profit in the run-up from their stock prices. 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? ivan boesky gave the commencement speech in 1986 at berkley and he became famous for one line in that speech. i urge you as a part of your mission, seek wealth. [ cheers ] it s all right. a new film wall street used boesky s words as the basis for some of the dialogue. ....

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Transcripts for CNN The Eighties 20191201 04:24:00

Fast buck artist? i said, who in the hell would want to be known as a slow buck artist? i see it as a free enterprise system working at its best. pickens was really the first major investor to realize how undervalued american companies were and what you could buy there. and it was his early tilt gulf, city services, at all these famous deals that brought this new reality to the attention of other investors who followed in his wake and sought to imitate what he did. i freely admit, i am an investor and i want to make a profit. i admit i m not robin hood. it is not wrong to want a profit in capitalist america. it s fair. ivan boesky made a fortune buying into companies being taken over by takeover artists. boesky doesn t want to run those companies. he wants to profit in the run-up from their stock prices. 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? ....

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