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Gordon Gekko is back (Vanity Fair article + video)
- Thread starter NorCal_1
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Aaron01
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Is listening in on people's lunch conversations insider trading?Originally Posted by Film Noir Buff
You mean when Bud followed Larry around? There's nothing illegal about that, and even if there was, Bud was the one doing it, not Gekko.
Roikins
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I remember reading this a while back... breaking down the possible laws broken by Gekko taking into account the laws at the time.
Nicola
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Bud Fox wasn't an insider as he didn't work at Bluestar at the time. His father did, who passed the information on to him. Bud is just a guy with a rumor.Originally Posted by Aaron01
Most of the laws that were broken were done so by Bud Fox, not by Gekko. Such as when he got a janatorial job at that company and was looking at information.
Didn't the Lotus/IBM case of the 80s set the standard that an insider is some one with inside knowledge . You don't need to be an employee to be an insider.
jamesbond
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As far as sequels go, the generally are shite, but this has potential... looking forward to it.Originally Posted by idfnl
I'll be taking bets on whether we see Gekko in suspenders or not. PM for current odds.
From the movie stills I have seen it doesn't look like GG is gonna be dressed well. That DB vest is about the best looking thing I've seen yet.
I think this sequal is gonna fail.
Aaron01
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Didn't the Lotus/IBM case of the 80s set the standard that an insider is some one with inside knowledge . You don't need to be an employee to be an insider.Originally Posted by Nicola
Wasn't that in the mid-90s though? That would have been almost 10 years after the events of the movie. Securities laws change all the time, it may have been legal in the 80s but not in the 90s with IBM/Lotus... Even if it were illegal at that time, a 20 year sentence for that seems rather harsh, especially considering the sentences Boesky and Milken got.
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Jesus Christ Michael Douglas is not aging well
What the hell is Shia wearing on his feet, they look like fugazy ferragamo/gucci horse bit loafers
Douglas looked good in Wall Street, but I much preferred his wardrobe in The Game.
What the hell is Shia wearing on his feet, they look like fugazy ferragamo/gucci horse bit loafers
Douglas looked good in Wall Street, but I much preferred his wardrobe in The Game.
Bud Fox wasn't an insider as he didn't work at Bluestar at the time. His father did, who passed the information on to him. Bud is just a guy with a rumor.Originally Posted by Aaron01
Most of the laws that were broken were done so by Bud Fox, not by Gekko. Such as when he got a janatorial job at that company and was looking at information.
The info regarding bluestar that Fox provided was inside information, from his father. As there is a connection from the father to budd to gekko, that inside information can't be traded on. If it was accidental dissemination with no connection the rules are different, but in the case of the movie there is a connection and it is intentional = illegal.
*I think
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