Thursday, October 06, 2011

"Greed is Good" - Wall Street & Beyond

Years ago I saw the classic 1989 movie: Wall Street. A story of a corporate takeover artist. He took over one company at a time. Small stuff compared the financial engineering that brought down the world's financial system in 2008, followed by global economic depression.

Is greed the real engine of human progress? Given all the current events around the "Occupy Wall Street" protests, let's revisit the "greed is good" speech by the movie's main protagonist: Gorden Gekko (played in 1987 by Michael Douglas). Here are his words in court:



By the way, Gekko did not use the the words "Greed is Good" in the original Wall Street film. Here's a transcript: “Greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures, the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge, has marked the upward surge of mankind and greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A."

2 comments:

Leeman said...

Rappin' in defense of Wall Street -

http://www.youtube.com/watch?v=EoMpcz0S3hc&feature=channel_video_title

Americ Azevedo said...

Hello Mr. Leeman. Awesome video. Thank you. Might have to use it in one of my next posts!