Thursday, November 19, 2015

Wall Street: Money Never Sleep

                It is a meaningful week for me because I have spent two and half hours to watch this interesting financial movie called “Wall Street: Money Never Sleep” which basically talk about greed. Today I am going to talk about some interesting topic which is related to finance. As a finance student, I assumed that everyone know about Wall Street. It is a place where investors experienced gain and loss through trading shares. Before I start, I would like to ask everyone a question. Do you think greed is a good thing? Well, I think that greed can be a kind of motivation because a person with a greedy mindset is willing to do anything to achieve what they want. However, this also means that a person will do something that is illegal to achieve their aim. Who does not have a greedy mindset? I believe all investors are greedy but everyone has different level of greediness. In this movie, Gordon Gekko was sent into the prison because he was caught doing insider trading and fraud. It is greed that causes him lost his family and spends his life in the prison.

                There is another scenario talk about Louis Zabel, the chief executive of the KZI commit suicide because he cannot accept the fact that his company collapsed. The rumors in the market caused the share price of KZI decreases rapidly and he is forced to sell his share to the FED for £2 per share.  After all, Jacob found out that the reason of KZI’s share price decrease is because that Bretton James spread rumors in the market and trying to hunt down KZI. After that, there is carnage on Wall Street which all sectors in the market are going down. The indicator of DJIA, S&P and NASDAQ turned red and the market was in a chaos condition. At the end of 2008, Bretton James is caught for doing fraud and sent into the prison.

                After watching this movie, I realized that how bad a person can be because of the greed for money. Gekko did not change the greediness of himself even after he is out from the prison instead. He just came back in a different form to cheat and betray to the people that have trusted him. He asked Jacob to tell lie to his daughter, Winnie Gekko to get back his 100million from the bank in Switzerland.


                After all, do you all still think greed is good? I believe that everyone wish to have gains instead of losses. But can everyone stop himself from being greedy because of the gain of value in the investment they made? To be honest, who hates money? In this movie, I really learned a lot about why a person will fail and cause the company collapse. For example, Bretton James greed for money was his ruin. If he did not do fraud and betray Louis, he might not end up his life in the prison. Lastly, I would recommend to people who have not watched this movie before to spend your time to watch it because it is really worth to watch. 

2 comments: