Wall Street" is a movie that seems to spark much debate. Basically, it is the working out of a moral struggle within young Wall Street trader Bud Fox (Charlie Sheen) between the values with which he was raised of hard work and success through actual creation, versus those of his mentor Gordon Gekko (Michael Douglas) who succeeds through corporate raiding and "creative destruction". From Bud's viewpoint his dad's (Martin Sheen's) road map for success and happiness seems old-fashioned to the point of being prehistoric compared to Gekko's, until Gekko sets his sights and his wrecking ball on his father's company, and Bud is forced to choose.
Many people associate this film with a liberal versus conservative viewpoint on business, a wild-west economy versus a planned economy and relegate this film to 1980's era nostalgia, like the now humorously giant cell phone Gekko is talking on as he walks along the beach. It is said that neither extreme works and that we've gradually settled towards something in the middle. However, the Gekkos of this world are smarter than that, and over the past 20 plus years they have set up an economic system that serves them well. What we now have is a situation where the haves and have-mores have a planned - almost Soviet - system in which the rules stratify them at the top. I cite the changes in bankruptcy law as exhibit A. The members of the labor force that serve them, however, are in the wild-west economy that was once advocated for everyone. Some will rise to the stratified top in this situation, but the vast majority will remain at the bottom shooting it out with each other - for scarce good jobs, good health care, education, etc. Thus, to me, Wall Street is just an opening chapter in the saga of how economic forces and attitudes toward them have changed, not the portrait of a 25 year-old fad that has come and gone.
Wall Street
1987
Action / Crime / Drama
Wall Street
1987
Action / Crime / Drama
Plot summary
On the Wall Street of the 1980s, Bud Fox is a stockbroker full of ambition, doing whatever he can to make his way to the top. Admiring the power of the unsparing corporate raider Gordon Gekko, Fox entices Gekko into mentoring him by providing insider trading. As Fox becomes embroiled in greed and underhanded schemes, his decisions eventually threaten the livelihood of his scrupulous father. Faced with this dilemma, Fox questions his loyalties.
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Much more than a snapshot of the 80's
there are 2 roads, but only one bears Stone's intent
You can watch Wall Street and take it for face value. If you want to do that, all you have to do is watch Michael Douglas, probably the most underrated actor of the last 30 years, give his greed speech. You will be amazed at this man's talent for delivering a performance. You can watch Daryl Hannah give a flawless interpretation of the high priced trophy girlfriend/wife. And you can just feel the disappointment that your father showed you the first time you let him down when you watch Martin and Charlie Sheen deliver the hospital scene. The story is a classic. It is purely timeless. The setting is as grand as the money that they are playing with. The supporting cast is excellent (realtor, boss, traders, etc.) This film is everything a casual movie fan needs to sit for 2 hours and be entertained. However, if you want to look deeper into the film you will appreciate the true intent of Mr. Stone's effort. Don't get too caught up in the façade of tall buildings, trading stock and corporate tycoons. Wall Street is not necessarily all that it seems. Rather, it is consistent with Mr. Stone's clever work in the past. It seems that to a creative genius like Stone, it is not enough to make the typical story of the kid hits it big and suddenly crashes back to earth (see secret of my success, cocktail, top gun, etc.) The intent of the picture may be completely different from the actual medium chosen. Stone drops clues throughout the film. It's the dawn of a new age, 1987. The journey from the old economy i.e. the airline industry and paper industry to the age of information. The sun is rising in the east as shown in the beach scene. A quote from Stone's character Gekko `damn I wish you could see this' is the perfect hint of what Mr. Stone is trying to say. Oliver Stone sees the future, it is a future economy based on information being the most powerful resource in the world. The eastern philosophy, the greed, the self-destruction of smoking and working out. All these things brought Gekko down. Gekko was brought down by what? A man with a micro tape recorder. A man armed with the medium of the new economy, electronic media. He was nailed by a person whom he trained to `get information' Well, he got the information and Gekko was brought down by the fact that he was short sighted to it. Great movie and excellent foresight by Mr. Stone as always. I suggest you watch it again. But, this time I suggest that you look for the real intent of the film. In my opinion, this is quite simply one of the best films of all time. Not only because of its timeliness, amazing foresight (see stock market crash in October 87, and the rise of silicon valley and Microsoft in late 80's) and one of the best performances by an actor period in Michael Douglas' portrayal of Gordon Gekko.
Speculating Wolf
As Bud Fox in Wall Street, Charlie Sheen knows only one thing, he does not want the life his blue collar father and real life father Martin Sheen has. He's a child of the Eighties and wants to make money fast and live the good life.
Inpatient with working in a brokerage house where he's barely breaking even paying for his yuppie lifestyle in Manhattan, Sheen wants to swim with the big fish. So he looks to ingratiate himself with the biggest fish of all, speculator Gordon Gekko.
For Michael Douglas, Gordon Gekko has been the career role of his life, netting him the Best Actor Oscar for 1987 that eluded his father Kirk in three tries. Douglas is at once, charming, egocentric, shrewd, and ruthless. When he talked about his City College background and his father's background which seems remarkably similar to Sheen's it reminded me of Fredric March from Executive Suite. He also had a night school diploma, but rose to the top of his company through hard work and being completely ruthless.
When Sheen brings him information about the airline that his father works maintenance for, Douglas makes a bundle and brings Sheen into his circle. But he's playing him like a piccolo as we soon find out.
Darryl Hannah has a nice role as the trophy woman Douglas fixes for Sheen, but the performance I like is that of Terrence Stamp as the British tycoon who has a no holds barred rivalry with Douglas. He ultimately proves to be the key to the solution to the problem of the speculating wolf of Wall Street.
Oliver Stone supplies us with a not to flattering look at the capitalist system. It should give one pause for reflection. Just imagine what it was like before the New Deal brought in the Securities and Exchange Commission and it was completely unregulated.
It was the stuff the Stock Market Crash was made of. Though the thought of Gordon Gekko selling apples on the street is a pleasing one.