Gordon Gekko[2010] -- "Greed" is NOT "good" ; "Money" IS "evil"

[RollDeep1000]

Good is natural, but is not always good. Before you say anything in retort think about the lives ruined by Bernie Madoff, Enron and Foxconn.

[park3r7]

such a great speech and so true.

[sproeipoepje]

"Quality" is NOT "good"

[Sarasdad91]

You're all pretty much fucked LMAO. isn't that the truth.

[RiaGuy]

he was better in the 80's anyway.......

[383REN]

NEVER UNDERESTIMATE THE OTHER GUYS GREEEED!!!

[TheManiacalSatanist6]

I may re-upload this to my channel. Gordon doesn't know it, but he's speaking against the system of Fractional Reserve Banking and the damage it causes.

[Thornston]

To me this is a softened down version for the weak anti reality generation of today. The REAL Gordon Gekko would have said "Greed is STILL good, but the mother of all evil is government controlled market. Greed is only Good when it is in a absolutely free market. The market to decide for yourself, not by the union of the fifty states!"

[RjCKJaMES]

1 of the best line's in this movie "Your all F#CKeD!!!!"

ITS SO TRUE!!!!

[danielmedina630]

I believe greed is always good until you knock on the governments door asking for special privileges. I'm sure Steve Jobs was a greedy man but in the process enriched the lives of millions of people, created thousands of jobs, innovated technology, made people who invested and believed in Apple rich, made reliable products people just loved and admired. So the essence of greed is good not bad.

[RollDeep1000]

@danielmedina630 Can you say "sweatshop" and "Outsourcing". Not to say Jobs was an evil man or anything, all you say is true but at what human exploitation?

[danielmedina630]

@RollDeep1000 Well slavery is no longer used in the industrialized world. There is no one holding a gun to the workers head while they build these products. If they feel exploited, why dont they quit? Workers still have those rights you know

[danielmedina630]

@RollDeep1000 Now in terms of Outsourcing: If your a small time entrepreneur, you always look for growing your business in the most efficient and cost effective way. If you hire an American worker expect to have a negative net growth, if you hire in the Asian region expect that to be the oposite. Now the question is why? Government Mandated Minimun Wage. Because minimum wage laws discriminate against low skilled workers.

[danielmedina630]

@danielmedina630 In the absence of a minimum wage, low skilled workers would get paid whatever the business owner wanted a he could eventually be promoted to higher pay. All in all, Its these rules and regulations that Washington is shoving down our throats thats suffocation the soul of whats left of our economy

[RollDeep1000]

@danielmedina630 I understand your argument about outsourcing. Are you saying that if it was left up to you, you would pay American workers 50c- $2.00 an hour? The way i see it "Greed is Natural". We all want to cut costs and make bigger profits but there is a cost to that. There are many American companies in Asia where child labour is allowed and people must work 60 hours a week in squalid conditions for 20c or something. That is the true cost of Gordon Gekkos mantra. Google Foxconn suicide.

[jchi21]

Now it seems legal.

[PreppyPoser1]

Damn he so smooth. Oh and smart too.

[63muhammad]

Fuck you Greed is Good

[MARCOREYES1]

All what he says there is true

[23ord]

See...

iamthewitness. c  o m

[BigNOLAdude]

Pure Hollywood nonsense. Old GG forgot to mention the role of government in all this. The biggest borrow and spender of all, in collusion with a central bank, puts most of it's borrowed debt into programs that reward and perpetuate indolence, incompetence, fraud, neglect, and inefficiency. This is the exact opposite of wealth creation, that is, moving assets and resources to higher valued uses. As for greed, the demand for free, unlimited govt. benefits as a right, trumps any LBO.

[toverkleet]

@BigNOLAdude Maybe you forgotten that deregulation let the banks do what they want. The government didn't do their job.

[BigNOLAdude]

@toverkleet I haven't forgotten because that's not what happened. As John Allison, former CEO of BB&T has explained, government policy FORCED lending institutions to create these dubious mortgage products. Fannie Mae and Freddie Mac were leveraged 1000 to 1. Exceedingly BAD regulations, not deregulation, caused the "bubble."

[netabee16]

And I hate to tell you this: but it's a bankrupt business modeller; more work, it's estemic, malignant, and it's global, like cancer. It's a disease, and we've got to fight back. How we going to do that? How are we going to leverage that disease back into our favour?

[netabee16]

We take a buck, we shoot it full of steroids, and we call it leverage. I call it steroid banking. Now I'd be considered a pretty smart guy when it comes to finance, and maybe I was in prison too long. But sometimes it's the only place to stay sane, and look out for those bars and say hey! Is everybody out there nuts? It's clear as a bell to those who pay attention: the mother of all evil is speculation, leverage debt. Bottom line: it's borrowing to the hilt.

[netabee16]

Not his, yours, because he could. You're supposed to be borrowing, not them! And the beauty of the deal, is no-one's responsible. Because everyone's drinking the same kool-aid. Last year, ladies and gentlemen, 40% of all American corporate profits came from financial services. No production, not anything to do with the needs of the American public. The truth is, we're all part of it now: banks, consumers; we're moving money around in circles.

[netabee16]

You know I honestly think there's maybe only 75 people in the world, who know what they are. But I'll tell you what they are, WMDs: Weapons of Mass Destruction. When I was away [that's what they are], it seemed like greed got greedier, with a little bit of envy mixed in. Hench-funders were walking home with 50, 100 million bucks a year. So Mr. Banker, he looks around, and he says 'My life looks pretty boring!' So he starts leveraging his interest up to 40, 50 to what: with your money.

[netabee16]

They buy a plasma TV, ah, cell phones, computers, an SUV and hey, why not a second home while we're at it, cause gee whiz, we all know the prices of houses in America always go up, right? And it's greed, that makes the government in this country cut the interest rates to 1% after 9/11, so we could all go shopping again. They've got all these fancy names for trillions of dollars in credits: CMOs, CDOs, SIVs, ABS'.

[netabee16]

You're all pretty much f***ed. You don't know it yet... You're the ninja generation. No income, no job, no assets. You've got a lot to look forward to. But, someone reminded me the other evening that I once said greed is good. Now it seems it's legal. But folks, yeah its greed that makes my bartender buy 3 houses he can't afford with no money down. And it's greed that makes your parents refinance their $200,000 house for 250. Then they take that extra 50 and go down to the mall.

[movie58]

The house of cards will fall!!!

[MrWurzable]

Great video.

[Equidad100]

Go Michael!!!!!!

[17GoldenRules]

Thanks for this upload...this is good..greed is...?

[pracee]

@17GoldenRules

nope :)

[LegendOfMorgana]

The theater was in a total hush for this speech. ^_^

[ejfinnx]

@LegendOfMorgana People talking at all is bad, You should have told them to shut it right when the trailers ended.