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Scot Tab: Wall Street 1987- Gordon Gecko Teaches Bud Fox About Capitalism

August 22, 2013

 

img_9675Source: Scot Tab: Wall Street 1987- Gordon Gecko Teaches Bud Fox About Capitalism

What I take from this conversation is that Gordon Gecko (played by Michael Douglas) is that Gecko is try to teach the young Fox (pun intended) how the world works. At least his world where he’s in the business to buy companies that are struggling and aren’t making money. Reorganizing them so they can become profitable including laying off a lot of people and then selling those companies to people who would want to actually run them. Which is how Gecko makes his money. He buys low and sells high, even if he has to ruin the livelihoods and thousands of people who work very hard for these companies and need those jobs to survive. Bud Fox must have known what kind of man Gecko was before he got in bed with him (in a platonic way) but what Gecko actually does for a living is now finally sinking in.

As Gordon Gecko said he doesn’t own anything and doesn’t make anything. Other than a hell of a lot of money for himself and people who work for him. He doesn’t want to run companies and sure as hell doesn’t want to work for anyone other than himself. He’s a professional investor who makes his money playing the Stock Market. And buying struggling companies that he sees potential in, selling off a lot of what the company owns and does, including a lot of the workforce in the company and then selling his company wants he’s sown that the company could potentially be profitable in the future. What Gecko does for a living in this movie is not that different from what Mitt Romney does. Other than Mitt has actually ran companies and turned them around, which created jobs for new employees.

What Bud Fox heard in this lesson from Gordon Gecko, is the message that his father told him. (Played by Martin Sheen) And that message is finally sinking in. That Gecko doesn’t want to run an airline and make it profitable for their employees, but instead buy the company low and then sell it high, laying off thousands of employees while he’s paying off debt that the company is carrying. That is what I take from Charlie Sheen in this scene. It’s finally sinking in to him what Gordon Gecko the man on Wall Street that he admires and what Gecko is about. Which is making himself as rich as possible, even if that means running and screwing people over. People who live paycheck to paycheck and actually depend on their jobs for their livelihood.

 

 

 

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