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Wall Street

Posted by Jenn Gangne on November 28, 2000 at 16:06:56:

The film Wall Street was, I thought, very effective in its depiction of the stresses and high paced existence on Wall Street itself. The complexity of the relationship bewteen Fox and Gekko was intriguing, not only from a film making standpoint, but also looking at the economics of the situation. The film helped me to better understand the principle of liquidity better, as it showed that Gekko was an expert at liquidating companies, with no regard for the workers of the companies, but only concerned with the "transfer" (as he puts it) with the money involved in the transaction. I found Gekko's rationalization of the liquidation of companies to be fascinating. Accodring to him, he is not creating money out of the delapitated companies he tears apart, but rather he is transferring the funds that are tied up in those failing companies to his possession. Therefore, he does not necessarily create wealth, he simply transfers it.




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