An Army of Gordon Gekkos Ran Amok On Wall Street

Summary


WASHINGTON -- Not terribly long ago all that was wrong with Wall Street was embodied in the character Gordon Gekko as portrayed by actor Michael Douglas in the smash hit movie "Wall Street."

For those who missed the film, Gekko was a suave, sophisticated, amoral and insensitive worshipper of money, lots and lots of money, to be fleeced without compunction or concern for legal consequences from unsuspecting sheep who invested in his manipulative schemes. In other words, he was a sociopath who adequately resembled nothing so much as the fictitious monsters created by the likes of Frank Norris, Lincoln Steffens and Ida Tarbell for their early 20th century muckraking exposes about the exploitive evils of American enterprise.

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Extract


An Army of Gordon Gekkos Ran Amok On Wall Street

Now the ugly image of Wall Street is reflected in a broadening pool of Gekko imitators whose failures, mismanagement and greed to one degree or another have driven the nation...

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