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Wall Street

Teldar Paper, Mr. Cromwell, Teldar Paper has 33 different vice presidents each earning...

Gordon Gekko:

[at the Teldar Paper stockholder's meeting]
Well, I appreciate the opportunity you're giving me Mr. Cromwell as the single largest shareholder in Teldar Paper, to speak. Well, ladies and gentlemen we're not here to indulge in fantasy but in political and economic reality. America, America has become a second-rate power. Its trade deficit and its fiscal deficit are at nightmare proportions. Now, in the days of the free market when our country was a top industrial power, there was accountability to the stockholder. The Carnegies, the Mellons, the men that built this great industrial empire, made sure of it because it was their money at stake. Today, management has no stake in the company! All together, these men sitting up here own less than three percent of the company. And where does Mr. Cromwell put his million-dollar salary? Not in Teldar stock; he owns less than one percent. You own the company. That's right, you, the stockholder. And you are all being royally screwed over by these, these bureaucrats, with their luncheons, their hunting and fishing trips, their corporate jets and golden parachutes. Cromwell:
This is an outrage! You're out of line, Gekko! Gordon Gekko:
Teldar Paper, Mr. Cromwell, Teldar Paper has 33 different vice presidents each earning over 200 thousand dollars a year. Now, I have spent the last two months analyzing what all these guys do, and I still can't figure it out. One thing I do know is that our paper company lost 110 million dollars last year, and I'll bet that half of that was spent in all the paperwork going back and forth between all these vice presidents. The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated. In the last seven deals that I've been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars. Thank you. I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much

Full Transcript

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We couldn't start the show without you
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Well I'll be a lousy Republican
00:00:07.073 --> 00:00:09.405
I decorate for Democrats too lots of them
00:00:09.475 --> 00:00:11.397
I'm Darien Taylor Oh hi
00:00:11.477 --> 00:00:14.105
Bud's told me all about you Well don't believe a word he said
00:00:14.018 --> 00:00:16.978
I never beat him and I never locked him in a closet
00:00:17.001 --> 00:00:19.746
I forgot to tell you about the closet I think he turned out okay
00:00:19.819 --> 00:00:22.652
Bud's a born liar Otherwise he's a good kid
00:00:22.722 --> 00:00:26.613
I hope you come here more often under less formal circumstances
00:00:26.693 --> 00:00:29.787
Thank you Dad I think you know Duncan Wilmore
00:00:29.862 --> 00:00:32.016
Since before you were born How are you Duncan
00:00:32.231 --> 00:00:35.999
Toni Carpenter flight attendants Carl how are you
Duration
36 seconds
Views
1,190
Timestamp in Movie
01:22:21
Uploaded
Apr 04, 2022
Genres
Production
N/A

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Movie Summary

A young and impatient stockbroker is willing to do anything to get to the top, including trading on illegal inside information taken through a ruthless and greedy corporate raider whom takes the youth under his wing.

Actors

Michael Douglas
Gordon Gekko
Richard Dysart
Cromwell
Martin Sherman
Banker At '21'