Gordon gekko who is he
Cromwell, as the single largest shareholder in Teldar Paper, to speak. Well, ladies and gentlemen, we're not here to indulge in fantasy, but in political and economic reality. America, America has become a second-rate power. Its trade deficit and its fiscal deficit are at nightmare proportions.
Now, in the days of the free market, when our country was a top industrial power, there was accountability to the stockholder.
The Carnegies, the Mellons, the men that built this great industrial empire, made sure of it because it was their money at stake. Today, management has no stake in the company! All together, these men sitting up here [Teldar management] own less than 3 percent of the company. And where does Mr. Cromwell put his million-dollar salary? Not in Teldar stock; he owns less than 1 percent.
You own the company. That's right -- you, the stockholder. And you are all being royally screwed over by these, these bureaucrats, with their steak lunches, their hunting and fishing trips, their corporate jets and golden parachutes. In fall , Blankfein opened the doors of his investment bank to a reporter from the Times of London.
For decades, Goldman had been famously press shy, but the financial crisis had thrust it into the spotlight, largely because the bank seemed to be thriving amid a global recession it helped create. The common good comes about not because of the express intentions of commercial agents, but despite them.
If, by granting a business-friendly publication privileged access to the investment bank, including interviews with a litany of top executives, Goldman hoped it might produce a lengthy and largely favorable profile that would turn public opinion in its favor, the effort was only partially successful. It was not the nervous tic of one telling an abject lie, for clearly Blankfein did not believe that Goldman was a parasite on the body politic, much less a plague.
Fair enough, but why the grin? Gekko also grins. Such a mechanism is morally confusing and may be likened to a rabid dog that takes a chunk out of our thigh, removing a malignant mole in the process. The bite still hurts, and we know he had no intention of preventing skin cancer. Screenwriter Weiser says he meets them all the time. You gave these people hope to become greater asses than they may already be. Thirty years after the movie was first released, a tribute to the power of Wall Street is that this simple insight is so often overlooked.
John Paul Rollert is adjunct assistant professor of behavioral science at Chicago Booth. A true legacy project would be to create an American Athens. The moral ambivalence of Gordon Gekko Wall Street turns 30 this year. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much.
Gordon Gekko : I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought. Gordon Gekko : Fox, where the hell are you? You hear me, Fox? Bud Fox : You once told me, don't get emotional about stock.
As your broker, I advise you to take it. Gordon Gekko : Yeah. Bud Fox : It's two minutes to closing, Gordon. What do you want to do? Gordon Gekko : [calms down] Dump it. Bud Fox : [answers the phone] Yeah. Gordon Gekko : Money never sleeps, pal.
Just made , in Hong Kong gold. It's been wired to you. Play with it. You've done good, but you gotta keep doing good. I've showed you how the game works. Now School's out. Gordon Gekko : No, no, no, no. You don't understand. I wanna be surprised. Astonish me, pal. New info. I don't care where or how you get it, just get it. My wife tells me you made a move on Darien. Well, here some inside info for you: That euro-flash G. Exit Visas are imminent, so I don't want you losing your place in line.
Gordon Gekko : Ah, Jesus. I wish you could see this. Light's coming up. I've never seen a painting that captures the beauty of the ocean at a moment like this. I'm gonna make you rich, Bud Fox. Rich enough, you can afford a girl like Darien.
This is your wake-up call, pal. Go to work. Gordon Gekko : The point is ladies and gentlemen that greed, for lack of a better word, is good. Bud Fox : [nods as the both walk up to face one another] Gordon. Gordon Gekko : [with a smirk on his face] Sand bagged me on Bluestar huh? I guess you think you taught the teacher a lesson that the tail can wag the dog huh? Well let me clue you in, pal.
The ice is melting right underneath your feet. Gordon Gekko : Did you think you could've gotten this far this fast with anyone else, huh? That you'd be out there dicking someone like Darien? You'd still be cold calling widows and dentists tryin' to sell 'em 20 shares of some dog shit stock.
I took you in. Gordon Gekko : I opened the doors for you! Showed you how the system works! The value of information! Fulham oil! Brant resources! I GAVE you your manhood. Gordon Gekko : You could've been one of the great ones Buddy.
I looked at you and saw myself. Bud Fox : [getting up] I don't know. I guess I realized that I'm just Bud Fox. Gordon Gekko : The most valuable commodity I know of is information. Gordon Gekko : It's all about bucks, kid. The rest is conversation. Gordon Gekko : Jesus, if this guy owned a funeral parlor nobody would die! Gordon Gekko : What's worth doing is worth doing for money. Gordon Gekko : When I get a hold of the son of a bitch who leaked this, I'm gonna tear his eyeballs out and I'm gonna suck his fucking skull.
Gordon Gekko : You're walking around blind without a cane, pal.
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