Greed is good. Greed works: The immortal lines from one corporate raider of the past: Gordon Gekko. Gordon Gekko requires colons, he screams for them. Dramatic, over the top, and in the right place at the right time: worth a million dollars.
20th Century Fox are now apprently producing a sequel to Wall St. That film which made being a wanker cool. Being a dick justified. But it was made in 1987 when everything was pretty dickish. Hell I was two years old and I’m pretty positive I was a dick. A dick in fluro pyjamas. But 20 years on things have changed.
Gordon said back then, “Greed…for lack of a better word, is good.” Indeed. But that takes on an entirely different notion in 2009.
In 1987 you could get away with a lot. Lieutenant Colonel Sitiveni Rabuka executed a bloodless coup in Fiji. Kylie Minouge released Locomotion, Hustler Magazine v. Falwell was argued before the U.S. Supreme Court and a squirrel closed down the New York Stock Exchange when it burrowed through a telephone line. It might not have been that squirrel which caused the largest single day drop percentage drop in stock market history but most likely it was a combination of all previously mentioned factors. New Zealand’s exchange fell 60 per cent from its highest point. So in that context Wall St was somewhat prophetic. In todays context perhaps even moreso.
“You own the company,” Gordon tells Teldar Paper stockholders, “And you are all being royally screwed over by these, these bureaucrats, with their luncheons, their hunting and fishing trips, their corporate jets and golden parachutes.” Ehem. He goes on, as Gekko is prone to do, “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 USA.”
Go Gordon Go! Hell at the time I wanted to be greedy. It meant I could smoke cigars, wear big suits and have sex with Darryl Hannah. I wanted to do all that and I was only two.
Now greed has spoken different words about that malfunctioning corporation known as the US of A – too much of it and you get fucked. Gekko manipulates the market using inside information. Nothing will stop him from pursuing a good deal. Any. Means. Neccesary. “Blue horshoe loves Anacot Steel. ”
So what would a Wall St II look like? Michael Douglas, who won an oscar for his role, is coming back as only Michael Douglas can. Charlie Sheen apparently couldn’t make it because he is too busy snorting coke of the chests of strippers in Vegas. But Gordon Gekko… aged 65 is out of jail and has pursued other interests. Harmless interests…
Seeing the boom in the U.S housing market Gordon has turned his back on the corporate raider game to run a mortage agency. He is the Mike Pero of New York. He is doing well. 2005 is particularly good year. Then a word keeps cropping up “Subprime”. Every where he looks it keeps niggling at him. Careful Gordon, Mike Pero tells him. Careful.
“Lack of common sense,” Gordon says at a mortgage lender conference “for lack of a better bunch of words. Is good.” So things go well, Gordon makes a fortune. With his bumper crop he goes and buys a large US car manufacturer for what seems expensive but it’s a good investment. Americans will always buy cars. At the same time he gets into managed funds back on Wall St and is able to get a few of his new mates to invest. Kevin Bacon, Steven Spielberg, Bill Gates, all the big names. They are all keen, Gordon is a man to trust. He is god damn diversified.
In the original movie the protaganist Bud Fox asks Gordon: “How much is enough?”
“It’s not a question of enough, pal,” Gordon answers. “It’s a zero sum game, somebody wins, somebody loses. Money itself isn’t lost or made, it’s simply transferred from one perception to another.”
So in 2009, Gekko is behind bars getting molested by a 200kg she-male called Brutus. “Right in the ass you fucking scumbag cocksucker!”
Gordon Gekko: “A player. Or nothing”.