Quote of the day: Gordon Gekko – greed is good

Advertisement

With blood on the street and one flagging financial institution after another gasping for dear life, a quote from the Movie “Wall Street” bears remembering:

Related Posts
1 of 1,809

In the last seven deals that I’ve been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars. Thank you. I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind.
-Gordon Gekko

Judging by the turmoil this weekend, apparently greed is not so good after all.

Get real time updates directly on you device, subscribe now.

Do NOT follow this link or you will be banned from the site!