James insults Zabel by offering to buy Keller Zabel stock at 2 dollars a share against its 79 dollar trading value from three weeks prior.
Zabel gives in, and they settle for 3 dollars a share. The next morning Zabel wakes up, goes down to the subway, and, as a train pulls in, he jumps on the tracks, killing himself. Jake hears the news of Lou Zabel's suicide on the television. He begins to slowly cry just as Winnie walks in. Jake asks Winnie to marry him, and she accepts. Jake attends a lecture given by Gordon Gekko and hears what Gekko has to say about the upcoming financial crisis. In Gekko's new book he reveals that in his opinion the unrestrained speculation will cause a financial cataclysm, even though everybody is euphoric about the current financial bubble.
Jake sees that Gekko has a photo of Winnie as a toddler and asks if he can have it. Gekko tells him that he will trade Jake for a more recent photograph of Winnie.
Gekko gives him the photo and his card so that Jake will find him later on. From now on, Gekko and Jake agree to make a "trade", so that Jake would enable Gekko to communicate with his estranged daughter, and, in return, Gekko would help Jake collect secret information to destroy Bretton, who ruined KZI. With the help of Gekko, who is very resourceful, Jake does some digging and realizes that Bretton James profited from the Keller Zabel collapse.
The company loses million dollars, and Bretton asks for a meeting with Jake. Determined to take Bretton out and avenge Zabel, Jake accepts. Jake visits Gekko again and gives him the photo of Winnie that he promised.
Gekko tells Jake that his research pointed out that the Locust Fund, a private offshore hedge fund, was betting against Keller Zabel. Jake is confused, having assumed that it was Bud Fox who put Gekko away.
Gekko explains that Bud Fox got him on insider trading but that was nothing compared to some of Gekko's other activities. He and Bretton had a falling out, and, though he doesn't know for sure, he suspects that Bretton was behind it.
Gekko asks for another trade: he wants to have a face to face with his daughter. Jake pretends that he called Gekko to have dinner and ask his approval to marry his daughter, so he and Winnie go to have dinner with him. Winnie realizes that Gekko hasn't changed and leaves upset. Jake pursues her and she tells him that if he goes back, Gekko will destroy them. At work, Jake is put on the sideline so that Bretton's point woman can take over a pitch to the Chinese. They are unimpressed with her pitch, stating that they are looking for the next big thing in energy.
Jake swoops in and presents them with the fusion research he has been supporting. Bretton is impressed by Jake's initiative and is glad that the firm has made more money. However, the firm is in trouble but Bretton doesn't want anyone to know. The economy is slowly starting to crumble. Bretton hosts a fundraiser and invites Jake and Winnie.
Gekko asks Jake to front him 10 thousand dollars so that Gekko can also attend and have another chance to reconcile with Winnie. Jake calls the head researcher and tells him that the money is on its way.
The day the economy collapses, Jake is at his apartment and tells Winnie that the world as they know it is over. Winnie tells him that is unacceptable because she is pregnant. The economy is in the tank. Numerous companies are failing. During a motorcycle ride fueled by Jake's comments about his superior riding ability compared to Bretton's during their first meeting , Bretton tells Jake that the money the Chinese invested is going into fossil fuels instead of fusion research.
Jake gets angry knowing that Bretton is trying to sink the fusion research since it is not financially profitable for him, even though it would benefit the entire world. Bretton would be unable to control the potentially unlimited source of energy once the fusion technology becomes established, unlike with the oil industry where the resources are scarce.
Jake tells Gekko about what happened, and Gekko reveals that there is a solution: Winnie has an account in Switzerland with million dollars, which Gekko set up in the s when she was born. He told her that once he was out of jail, he would need that money to reassert himself, but Winnie reneged when Rudy died. Jake could use that money to fund the research and save the company. But since Winnie never declared it, she could go to jail for tax evasion. Gekko tells Jake that he can embezzle it with his old contacts.
Jake believes him and goes to talk to Winnie. It all comes to a head however when Gekko targets Blue Star airlines, the company where Bud's father has worked for 24 years, secretly planning to break it up and plunder the employees' retirement fund. Of the several dining rooms, the most famous is the Crystal Room, which features windows overlooking the restaurant's adjacent garden in Central Park.
All images that appear on the site are copyrighted to their respective owners and otsoNY. If you own the rights to any of the images and do not wish them to appear on the site please contact us, and they will be promptly removed. Wall Street Measure content performance. Develop and improve products. List of Partners vendors. In "Wall Street," the protagonist, a young stockbroker named Bud Fox, is desperate to work with Gordon Gekko, who is a legend in the world of finance.
Predatory, amoral Gekko is only impressed when Fox is willing to compromise his ethics and provide Gekko with inside information about his father's company. Gekko makes Fox wealthy, but eventually, Fox regrets what he has done and turns state's evidence against Gekko, who is sent to prison for securities fraud and insider trading. The character of Gordon Gekko was not based on any one person, but rather on a composite of real-life financiers.
Stanley Weiser, who co-wrote the screenplay with Oliver Stone, claimed that Gekko was partially based on corporate raider Carl Icahn, disgraced stock trader Ivan Boesky, and investor Michael Ovitz. The famous Gekko quote "Greed is good" echoes a speech Boesky gave in at the University of California Berkeley School of Business Administration, when he said, "I think greed is healthy. You can be greedy and still feel good about yourself. Gekko's penthouse office and elegant suits were modeled after those of art collector Asher Edelman.
Weiser adds that some of Gekko's blunt, workaholic dialogue is lifted from the phone calls and work sessions of the film's director and co-writer Oliver Stone. In the s, Milken gained a reputation as the "Junk Bond King," but he was arrested in and convicted of multiple counts of fraud and racketeering. Oliver Stone looks to his father as the inspiration for the overall film of "Wall Street," as his father was a broker and frequently lamented the lack of good movies on business.
Despite the fact that Gordon Gekko was clearly a villain in "Wall Street," many aspiring financiers saw him as a mythical antihero. They adopted the character as a role model of how to survive in the cutthroat culture of investment finances. To counter this image, Michael Douglas worked with the Federal Bureau of Investigation in to create a documentary exposing inside trading.
The actor who played Gordon Gekko was concerned that people see the character as a criminal and not a role model. Career Advice. Business Leaders. Hedge Funds Investing.
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