Wall Street and it's expose of corporate governance practices and malfesance

The first 200 words of this essay...

Wall Street (1987)

Starring Michael Douglas and Charlie Sheen

Directed by Oliver Stone

University of Michigan - Dearborn

EM550: Business Law and Ethics

Summer 2004

Shane Schulze

Wall Street (1987) is based on the bull market of 1985 starring Charlie Sheen as Bud Fox, a Wall Street stockbroker, and Michael Douglas as Gordon Gekko, a ruthless stockbroker kingpin. The movie has the traditional plotline with a hungry kid impressed by an elder in the business he wants to be in on, who is then seduced by the elder, later betrayed by him, and then tries to turn the tables in the end to make things right. This movie is important in three aspects: how the relaxed government regulation law allowed manipulation of the market through illegal securities trading, the lack of ethics in business, and how morals in today's society are not ethical.

The first discussion is the focus on the effects of insider trading on the stock market. An individual who obtains "inside information" about the plans of a publicly listed corporation can often make stock-trading profits by using the information to guide decisions relating to the purchase