Wall Street Essay

1871 words - 7 pages

The film "Wall Street" is about Bud Fox, an ambitious rookie stockbroker and Gordon Gekko, an aggressive and ruthless Wall Street power player. Bud Fox spends a lot of time and effort trying to become part of Gordon Gekko's inner circle. Once he succeeds in doing so, Bud's life moves into the fast lane, a fancy apartment, money, power and a beautiful new girlfriend. As time goes by, Gekko makes more and more unethical and illegal demands with the final straw being the takeover and dismantling of Bluestar Airlines where Bud's father works. As should happen in all good movies, Bud Fox then comes up with a plan to make things right. Bud Fox makes a deal to bring down Gordon Gekko and face minimal time he has coming to him for his actions.Bud faced two major dilemmas, desperately wanting to be part of Gekko's inner circle, Bud had to do what was against his principles, values he grew up with and believed in. He wanted the success that Gekko offered, ay any price. Bud knew that using inside information that he had obtained from his father about Bluestar airlines was both illegal and wrong. A second dilemma was driven from pressure at his firm, coupled with his poor financial situation. The sales manager, Harold Salt, was really on him about not producing, and in fact told him that he would have to make up a loss with his own money. Bud wanted to do business the right way, but he was always broke and barely making it on 50 thousand dollars a year salary. He even mentioned that American Express had people out looking for him as a joke. Therefore, Bud sacrificed his moral judgment because of his greed.I will examine the ethical dilemmas Bud Fox faced and what made him vulnerable to crossing the ethical line, as well as what factors led to Fox's attempt to repair the ethical breach. Before we determine the ethical dilemmas Bud faced we need to understand what makes an ethical dilemma. Ethical dilemmas happen because of a conflict between the rightness and wrongness of the actions. An ethical dilemma occurs when it appears a wrong action will produce a perceived good end. There is an outcome that we really think we want or don't want. Bud Fox was confronted with a number of ethical dilemmas throughout the movie. Lured into the lair by Gekko's enthusiasm and 'take no prisoners' attitude, Bud is seduced by his success. Where money buys power and power buys the magical kingdom of one's creation, the elite of the elite. Bud wanted a kingdom of his own, and Gekko was his ticket. When Gekko approaches him to spy on a financial peer, Bud counters, "but I could lose my license if the SEC found out, I could go to jail. It's inside information, isn't it" (Stone 1987)? Gekko reminds him of the inside tip Bud had given him about the airline company his father works for. He further explains that he only wants information from Bud, and nothing else. Unless Bud is willing to go the distance to get it for him, then Gekko has no use for him. Bud hesitates, but not for...

Find Another Essay On Wall Street

Herman Melvilles Wall Street Essay

745 words - 3 pages      The Lawyer embraces life and does everything in his power to help his fellow man. This is what I see in this individual. Herman Melville's short story " Bartleby the Scrivener, A Story of Wall Street" is one in which the main character is virtuous by nature. The Lawyer is so tolerant of Turkey and Nipper's unusual behaviors that he showers them with kindness. His kind nature is tested even further by

Wall Street Journal Insights Essay

2916 words - 12 pages Wall Street Journal Insights Cobra Kai* This paper serves to identify and glean information from relevant areas of inquiry through desk research for designing a future marketing campaign. The overarching theme is the Wall Street Journal brand, top competitors, and millennial readership but also shows insight into legality, digital media, and exploring cultural memes. The Brand: Trust VS Innovation The Wall Street Journal (WSJ) operates under

wolf of wall street

2020 words - 9 pages Martin Scorsese’s 2013 film The Wolf of Wall Street is the true story of Jordan Belfort; a stock broker who scams and deceives his clients for the sole purpose of making himself rich. Belfort is a character that can best be described as a person who only has his own best intentions in mind, yet somehow has the ability to convince others that they need him in their lives. He leads his subordinates through aggressive speeches and intimidation. At

occupy wall street

1850 words - 8 pages One and a half year ago, when the young man selling vegetables in Tunisia burned himself to death, nobody expected a tsunami, which would swipe out many governments in the Arab world. Also when the Occupy Wall Street Movement (OWS) organized its first protest with a few thousand participating people, nobody expected the movement to spread all over the United States, and even into other states soon. But in contrast with the Arab Spring, the OWS

Review of movie Wall Street

858 words - 3 pages Review of movie Wall Street In the big city of New York there always exist those who push the envelope a bit, and stretch the law. One such man played by Michael Douglas makes money buying and selling others' dreams. He is a stock speculator; but one that succeeds based on illegal inside information. As he puts it "I make nothing, I own" Released in 1987, Oliver Stone's Wall Street is a representation of bad morals and poor business

The Wolf of Wall Street

1622 words - 6 pages displayed both positive and negative aspects of business communications. Before being cultivated with cocaine and hookers as the key to success in Wall Street, Jordan Belfort demonstrated the incontrovertible advantages of positive business communications. One of which pertains to the effectiveness of corresponding with customers over the telephone. Especially for stockbrokers, having a conversation over the phone is pivotal when trying to sell

Causes of the Wall Street Crash

2396 words - 10 pages Causes of the Wall Street Crash On 24 October 1929, some shareholders began to lose confidence and believing that the prices of shares could not continue to rise forever, decided to sell. A panic began, and so many shares were sold on that day that it became known as Black Thursday. The Wall Street Crash was under way. By Tuesday 29 October so many shares were being sold that the teleprinters could not keep up, share

Jordan Belfort: The Wolf Of Wall Street

1795 words - 8 pages Jordan Belfort, a multi-million dollar scam artist who travelled the road to riches. While travelling this journey, he established many relationships that helped him reach such destination. The memoir The Wolf of Wall Street portrays the relationships and influences people had on Jordan and vice versa. The three biggest influences that Jordan encountered were Mark Hanna, Danny Porush and Nadine Belfort. Jordan was constantly living under

The Film Wall Street Ethics Paper

1189 words - 5 pages This is an ethical review of the film Wall Street (Stone and Weiser). It examines ethical dilemmas Bud Fox faced and what made him vulnerable to crossing the ethical line, as well as what factors led to Fox's attempt to repair the ethical breach. It examines Gordon Gecko's thoughts on a person's vulnerability to making an ethical breach and how this related to Bud Fox. Finally, it will take a look at factors in the film that relate to the Enron

Occupy Wall Street: An Inefficient Protest

1511 words - 6 pages In America, protest has been used throughout history as a vehicle to change. Protests bring attention to issues that would or could be overlooked or ignored. A current protest receiving national attention in our media is the Occupy Wall Street (OWS) protest. The Occupy Wall Street protest, along with other Occupy branch protests are essentially ineffective protests. When compared to successful protests in the past, they are not having as much

Critiques on Wall Street Journal Articles

1310 words - 5 pages Assignment 1-A "China May Be on Course To Overtake U.S. Economy" Wall Street Journal - pg. A1, col. 1 For China to surpass Japan's economy in the near future and to tail our economy is potentially very dangerous and could quite possibly shift our position as the super nation of the world. The implied impact on U.S. companies would be that they are in grave danger of losing their future clientele and cause downsizing within the companies

Similar Essays

Wall Street Essay

2987 words - 12 pages Wall Street . According to the IBD it also saw the endless jawboning of a certain Mr. Young who was at the What seems to happen at the top of the long wave is that the effects of innovation spread out like ripples in a pool and eventually involve almost all firms in the economy. When this takes place the profit picture for each individual firm changes. As more and more companies incorporate the new technology, profit rates are less and less

Occupy Wall Street Essay

821 words - 3 pages Occupy Wall Street’s opposing expression of the disparity between the wealthy and the poor may have begun in good faith by utilizing the Freedom of Speech and General Assembly amendment rights, but the strategies some of the protestors have demonstrated are resulting in adverse reactions against themselves. The Occupy Wall Street movement will assuredly cost affected cities in the double digits of millions of dollars. Increases in payroll

Uncovering Black Wall Street Essay

1845 words - 7 pages Uncovering the History of Black Wall Street"The date was June 1, 1921, when "Black Wall Street," the name fittingly given to one of the most affluent all-Black communities in America, was bombed from the air and burned to the ground by mobs of envious whites ( Ellsworth, Death in a Promise Land)." In a period spanning fewer than 12 hours, a once thriving 36-Black business district in northern Tulsa lay smoldering--a model community destroyed

Occupy Wall Street Essay

3301 words - 14 pages In 2008, the United States of America (US) experienced a financial crisis which affected the rest of the world. Investment banks and Wall Street crashed. It left a good portion of US citizens in debt, unemployed, homeless, etc. As a result, Occupy Wall Street became a movement to demonstrate that the people have had enough and started protesting and voicing their opinions. In terms of globalization, the development of ‘Occupy’ movements have