In the 1987 film Wall Street, the character Gordon Gekko famously declared, “Greed is good,” before being packed off to prison. A generation later, the film's sequel – to be released next month – sees Gekko released from jail and returned to the financial world – a world in which greed, arrogance, and immorality remain untamed by adequate regulation.
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NEW YORK – In the 1987 film Wall Street, the character Gordon Gekko famously declared, “Greed is good.” His creed became the ethos of a decade of corporate and financial-sector excesses that ended in the late 1980’s collapse of the junk-bond market and the Savings & Loan crisis. Gekko himself was packed off to prison.