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Exam (elaborations)

Wall Street Movie Exam Questions and Answers

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Wall Street Movie Exam Questions and Answers

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Wall Street Movie Exam Questions and
Answers3

longer summary - ANSWERS-In 1985, Bud Fox is a junior stockbroker at Jackson Steinem & Co. in
New York City. He wants to work with his hero, Gordon Gekko, a legendary Wall Street player.
After calling Gekko's office 59 days in a row trying to land an appointment, Bud visits Gekko on
his birthday with a box of Gekko's favorite, contraband Cuban cigars. Impressed at his boldness,
Gekko grants Bud an interview. Bud pitches him stocks, but Gekko is unimpressed. Desperate,
Bud provides him some inside information about Bluestar Airlines, which he has learned in a
casual conversation with his father, Carl, leader of the company's maintenance workers union.
Intrigued, Gekko tells Bud he will think about it. A dejected Bud returns to his office. However,
Gekko places an order for Bluestar stock and becomes one of Bud's clients. Gekko gives Bud
some capital to manage, but the other stocks Bud selects lose money.



Gekko offers Bud another chance, and tells him to spy on British CEO Sir Lawrence Wildman and
discern Wildman's next move. Bud learns that Wildman is making a bid for a steel company.
Through Bud's spying, Gekko makes money, and Wildman is forced to buy Gekko's shares to
complete his takeover.



Bud becomes wealthy, enjoying Gekko's promised perks, including a penthouse on Manhattan's
Upper East Side and a girlfriend, interior decorator Darien. Bud is promoted as a result of the
large commission fees he is bringing in and is given a corner office with a view. He continues to
maximize inside information and use friends as straw buyers to provide more income for him
and Gekko. Unknown to Bud, several of his trades attract the attention of the Securities and
Exchange Commission.



Bud pitches a new idea to Gekko: buy Bluestar Airlines and expand the company, with Bud as
president, using savings achieved by union concessions and the overfunded pensi



main issue - ANSWERS-Capitalism: The Stock Market and Trading

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