Oliver Stone's "Wall Street" becomes synonymous with 80's financial excess. It is a radical critique of the capitalist trading mentality. Michael Douglas won an Oscar as Gordon Gekko "Greed is Good" for a character said to have been modeled on Ivan Boesky. The movie argues that most small investors are dupes, and that the big market killings are made by men such as Gordon Gekko, who swoop in and snap whole companies out from under the noses of their stockholders. What the Gekkos do is immoral and illegal, but they use a little litany to excuse themselves: "Nobody gets hurt." "Everybody's doing it." "There's something in this deal for everybody". Although Gekko's law-breaking would of course be opposed by most people on Wall Street, his larger value system would be applauded. The trick is to make vast quantities of money without breaking the law.
In the words of Gordon Gecko"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!
The point is, ladies and gentlemen, that 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, money, 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."