Something I’ve said time and time again on the podcast, is that risk management – as a discipline – it’s agnostic.

As a discipline which – at its core – is all about how we entreat with the unknown – both with opportunity and/or threat in mind. Risk management doesn’t discriminate. It doesn’t have a moral compass. Anyone can make use of it. For the purposes of good. And for the purposes of the not so good.

And that’s where Ivan Boesky and the 1986 Insider Trading Scandal comes in. Ivan exploited the opportunity side of the risk coin, as a way to make money. And while – as you will find out in this episode – Ivan paid an incredibly heavy price for his opportunity chasing.

The story of Ivan Boesky is a story of our discipline – our tools, our techniques, our capabilities – being used in ways perhaps not intended.

But nevertheless, reflective of risk management being a game anyone can play.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Bibliography
https://www.businessinsider.com/meet-ivan-boesky-the-infamous-wall-streeter-who-inspired-gordon-gecko-2012-7
https://www.nytimes.com/1987/12/19/business/boesky-sentenced-to-3-years-in-jail-in-insider-scandal.html
https://www.cnbc.com/2020/11/28/who-is-ivan-boesky.html
https://en.wikipedia.org/wiki/Ivan_Boesky
https://sites.psu.edu/callmevij/2018/10/25/the-great-insider-trading-scam-of-1986/