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We almost have what I consider to be a corporate welfare state
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Icahn: The Restless Billionaire

We almost havewhat I consider to bea corporate welfare state. You have levels and levelsof...

We almost have
what I consider to be
a corporate welfare state. You have levels and levels
of vice presidents
in corporations that really actually
produce nothing. Teldar Paper has 33
different vice presidents, each earning over
$200,000 a year. (audience members whistle) Now, I have spent
the last two months analyzing what all these guys do, and I still
can't figure it out. I couldn't figure it out,
what these people, taking up five floors
in New York City, did. -(laughter)
-That's a true story,
true story. The new law of evolution
in corporate America seems to be
survival of the unfittest. I believe it's anti-Darwinian,
survival of the unfittest. Well, in my book,
you either do it right or you get eliminated. Stone:
Of course, there is
some truth to that, but nonetheless, Gordon Gekko
is out for himself

Full Transcript

00:00:01.000 --> 00:00:04.708
We almost have what I consider to be a corporate welfare state.
00:00:04.791 --> 00:00:08.005
You have levels and levels of vice presidents in corporations
00:00:08.583 --> 00:00:10.875
that really actually produce nothing.
00:00:10.958 --> 00:00:15.025
Teldar Paper has 33 different vice presidents,
00:00:15.333 --> 00:00:18.666
each earning over $200,000 a year.
00:00:18.075 --> 00:00:20.291
(audience members whistle)
00:00:20.374 --> 00:00:24.416
Now, I have spent the last two months analyzing
00:00:24.005 --> 00:00:26.374
what all these guys do,
00:00:26.458 --> 00:00:29.998
and I still can't figure it out.
00:00:29.167 --> 00:00:30.917
I couldn't figure it out, what these people,
00:00:31.000 --> 00:00:33.167
taking up five floors in New York City, did.
00:00:33.025 --> 00:00:35.666
-(laughter) -That's a true story, true story.
00:00:35.075 --> 00:00:39.005
The new law of evolution in corporate America
00:00:39.583 --> 00:00:43.167
seems to be survival of the unfittest.
00:00:43.025 --> 00:00:46.625
I believe it's anti-Darwinian, survival of the unfittest.
00:00:46.708 --> 00:00:49.291
Well, in my book, you either do it right
00:00:49.374 --> 00:00:50.833
or you get eliminated.
00:00:50.917 --> 00:00:52.833
Stone: Of course, there is some truth to that,
00:00:52.917 --> 00:00:56.000
but nonetheless, Gordon Gekko is out for himself.
Duration
56 seconds
Views
38
Timestamp in Movie
00:42:15
Uploaded
Apr 29, 2025
Production
HBO Documentary Films,Atlas Media Corp.

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Movie Summary

Explores the fascinating contradictions at the heart of the famed financier, Carl Icahn. Amassing close to $20 billion dollars over the last half century and at the forefront of some of the most legendary business deals of our times.