A young
and impatient stockbroker is wiling to do anything to get to the top, including
trading on illegal inside information taken through a ruthless and greedy
corporate raider who takes the youth under his wing. – IMDB.com
Director –
Oliver Stone
Writer –
Stanley Weiser, Oliver Stone
Cast
Character
Michael
Douglas … Gordon Gekko
Charlie
Sheen … Bud Fox
Daryl
Hannah … Darien Taylor
Martin
Sheen … Carl Fox
John C.
McGinley … Marvin
Terence
Stamp … Sir Larry Wildman
James
Karen … Harry Lynch
The story
of Wall Street has to do with greed,
the loss of one’s soul to gain it all, and the will to fight to get one’s soul
back. Bud Fox is an up and coming stockbroker who will do anything to get
ahead. It is 1985 and he works as a junior stockbroker at Jackson Steinem &
Co. in New York City.
Now I will
be the first to say I don’t know shit about stocks or the stock market so this
review will be more about the characters as I scrape the surface of t how this
world works. Bud Fox idolizes a guy named Gordon Gekko who made over 47 million
dollars on one stock trade alone.
Bud talks
to his dad, Carl Fox the same guy he fucks over with Gekko on insider trading.
Pathetic. Bud tells his dad, “I gotta live in Manhattan to be a player. There
is no nobility in poverty anymore, Dad.” His dad is an airplane mechanic for
Bluestar. After calling and leaving messages for Gekko dozens of times Bud Fox
brings in some Cuban cigars for Gekko, something he likes. Bud tries to give
him information on different airlines but Gekko isn’t interested. Bud tells him
about Bluestar inside information about the company being cleared of a lawsuit
which will bring the stock up.
Gekko
tells Bud to buy 20,000 shares of Bluestar. Gekko asks if Bud bought Teldar
after their meeting Bud says, “No, sir, that wouldn’t have been legal.” Gekko
assures him he won’t get into trouble and hands him a check to Jackson, Steinem
& Co. for 1 million dollars. Gekko promises him if he does good he gets
perks. Lots and lots of perks.
Lisa comes
to Bud’s apartment and tells him they are going out. Gordon Gekko sent her.
Gekko basically tells him at the gym he wants inside information – insider
trading which of course is illegal. Gekko tells Bud later he wants him to spy
on Wildman and see what he’s up to. Bud says he could lose his license. Gekko
tells him if he’s not inside, he’s outside.
Bud tells
Gekko that Wildman is buying Anacott Steel. Gekko starts slowly buying it. Bud
tells his coworkers, Marvin and Lou to try to sell Anacott Steel to their
clients. He says it’s a sure thing. Lou says, “No such thing, except death and
taxes.” He also tells him, “Remember, there are no short cuts, son.” Bud should
listen to this advice but he is reckless and ambitious, two things that will
lead to his downfall.
Bud meets
Darien Taylor and is in love with her at first sight. She is an interior
decorator. She tells him to call her. Gekko agrees to sell his stock of Anacott
Steel to Wildman for 71.50 a share. Wildman says he can turn the company around.
Bud is
given power of attorney to buy stocks for Gekko without his knowledge. He is
told about using money from offshore accounts in the Cayman Islands. Bud is
quickly learning how to be a business criminal. Bud gets his new corner office
and is happy. He buys an apartment at 950,000 dollars.
Bud asks
himself, “Who am I?” A good question now his identity is that of a criminal.
Gordon Gekko makes a speech about Teldar Paper. He says he is not a destroyer
of companies, he’s a liberator of them. Gekko says, “Greed is good.” The thing
these people do is buy and sell. They don’t create anything which is what Carl
Fox complains about later in the film.
Gordon
Gekko wants Bluestar to do a 20% wage cut and 7 more hours a month. Carl
rejects the offer and tells Gekko he is all about greed. Carl tells his son
Gekko’s using him. Bud tells his dad he’s jealous. Stockwatch starts investigating
Bud because he buys large quantities of Teldar from an offshore account. The
SEC starts calling Roger Barnes (played by James Spader) which naturally pisses
him off.
In a
meeting Bud finds out they are going to liquidate Bluestar and build Condos
where the hangars are. It’s revealed Gekko will make $60-70 million dollars on
the deal. Instead of building up the company and restructuring, Gekko wants to
wreck Bluestar. Bud asks Gekko, “How much is enough.?” Gekko promises Bud he
will have a golden parachute and his father will never have to work again.
Darien
tells Bud if he crosses Gekko she won’t stand by him. She is too addicted to
the lifestyle. Bud’s dad, Carl, has a heart attack. Bud tells his dad he loves
him. Bud tells Lou to put his clients on Bluestar. Lou tells him, “I don’t know
where you get your information, son, but I don’t like it. The main thing about
money, Bud…it makes you do things you don’t want to do.” That is one of the
smartest things I ever heard. The stocks go down for 23 a share. Gordon is mad
he will only make 10 million dollars. Greed is amazing. Bud wants and agrees
with Wildman to have him buy Bluestar when it drops to 18 dollars a share. Gekko
sells his shares pissed he lost a small fortune. Bud is happy Gekko won’t
destroy the company which saves his soul and his father’s company.
The next
day everyone is looking at Bud at work. They know something. The SEC and other
representatives for other agencies are there in Bud’s office investigating. He
is under arrest for conspiracy to commit securities fraud and for violating the
Insiders Traders Sanction Act. He is arrested and in tears.
When Bud
meets with Gekko, Gekko yells and hits him and reminds Bud of all the insider
information he taught Bud to use. Bud was wearing a wire.
Bud thinks
he will go to prison, which he probably will. Carl tells him, “Create, instead
of living off the buying and selling of others.” Bud goes to the courthouse to
await his fate.
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