![]() The word “capitalist” has been instilled in people from a young age, and for the “Wall Street” generation, it was considered un-American to be anything less. In 2010, Michael Douglas and Oliver Stone returned to the character of Gordon Gekko in the sequel “Wall Street: Money Never Sleeps.” Despite the fact that Gordon Gekko went to jail between movies, his influence and legacy continue to be felt in popular culture and on Wall Street. However, the audience has also lost the moral anchor of a conflicted protagonist, as both “Wall Street” and “Boiler Room” featured characters who offered a relatable perspective and helped to clarify that characters like Gordon Gekko were the bad guys, not antiheroes to be admired. ![]() The impact of the “Wall Street” and “The Wolf of Wall Street” movies is evident in the fact that some people have embraced Gordon Gekko’s ethos and prospered under a system that rewards bad behavior. The movie depicted Belfort’s rise and fall, as he ultimately lost everything and went to jail. Belfort wrote a book about his experiences as a stock trader, and a movie adaptation of his book, also titled “The Wolf of Wall Street,” was released in 2013 and starred Leonardo DiCaprio as Belfort. The idea of Gordon Gekko as a symbol of Wall Street excess was further popularized by Jordan Belfort, the “Wolf of Wall Street,” who claimed that Gordon Gekko was a nickname of his. Greed Is Good Speech by Gordon Gekko | Wall Street quote Greed is Good Michael Douglas won an Oscar for his portrayal of Gekko, who argues that greed is a healthy and necessary force in society during a speech to stockholders. The character of Gordon Gekko perfectly captured the spirit of this era. The movie was a representation of the excess of the 1980s, a time of financial deregulation and “free-market economics” under President Ronald Reagan. Two years later, Oliver Stone used this line in the “Wall Street” movie, which was released in December 1987. You can be greedy and still feel good about yourself.” This speech was received with laughter and applause. Boesky stated, “Greed is all right, by the way. ![]() In 1986, the Chicago Tribune reported on remarks made by insider trader Ivan Boesky during a commencement speech at the University of California, Berkeley’s business school. The famous line “Greed is good,” spoken by the character Gordon Gekko in the movie “Wall Street,” was inspired by a real-life Wall Street criminal. Last Updated on 20 April, 2023 by Samuelsson
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