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Article: Den of Thieves.
- Article from:
- The Washington Monthly
- Article date:
- January 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 Washington Monthly Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sure, Milken and Boesky got busted. But that's not why Wall Street went bust. ne day some smart person will refute the conventional wisdom that the hippies of the sixties and the yuppies of the eighties were polar opposites. It is true that in a short 20 years the attitude of American youth to the free market turned 180 degrees-that the Berkeley seniors who once hooted with delight as Abbie Hoffman floated dollar bills onto the heads of traders from the gallery of the New York Stock Exchange cheered when Ivan Boesky, in his famous commencement address, told them that
[G]reed is healthy. You can be greedy and still feel good about yourself." But the real ...
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