Wednesday, September 29, 2010

Hype around brand new Wall Street movie equally large as the first

The brand new “Wall Street” movie has been drooled over for months. Lots of individuals are waiting for “Wall Street: Money Never Sleeps”. The very first film was released, and partly inspired by, the stock market crash within the 1980s. The real estate crash of 2008 is the inspiration for the brand new film, as Michael Douglas returns to his Oscar winning role as Gekko. Both movies address unchecked greed and immoral trading within the realm of investment and high finance after scandal.

The brand new ‘Wall Street’

The more things change, the more they stay the exact same. The second film, equally the first, takes place in the midst of a financial crisis, and within the sequel, it is the real estate crisis of 2008. What is assumed is that notorious corporate raider Gordon Gekko is just being released from prison, as a result of events from the first film. Gekko is an iconic character, as it garnered generations of enthusiasts and an Oscar for Michael Douglas. Gekko, earning a living by giving lectures to students, is enlisted by his estranged daughters’ fiancé, played by Shia LaBeouf, to bring about a corrupt hedge fund managers’ ruin. The movie, erroneously referred to as “Wall Street 2,” is supposed to be a story of redemption.

Actual Wall Street

The movie is just a movie. Most individuals on Wall Street really get that. A recent op-ed within the Wall Street Journal by Martin Fridson says that the film is great for conveying the outrage, the real causes of the crash are more complex. On the ABC site, a corporate lawyer who works on Wall Street also opined the film is good entertainment, but little more than that. Hollywood fudging the historical record for dramatic purposes isn’t exactly new. Stone is no stranger to this kind of criticism, and Wall Street heavyweights which were technical advisors lamented his liberal use of license over portraying the complexities of actual life.

Barrel ruined

The adage about bad apples spoiling the bunch is true. Many on Wall Street work incredibly ethically and unbelievably hard. If “Wall Street: Money Never Sleeps” was about those sort of people, it wouldn’t sell numerous tickets.

Discover more information on this subject

ABC News

abcnews.go.com/Business/films-taking-wall-street/story?id=11712654 and page=3

Wall Street Journal

blogs.wsj.com/marketbeat/2010/09/24/a-wall-street-veteran-on-wall-street-2/



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