Wall Street
It is entirely fitting to review “Wall Street” and “Fatal
Attraction” back-to-back. Both are iconic 80’ies movies, both feature Michael
Douglas in starring roles and both are concerned with madness. In “Wall Street”,
the madness is that of the financial markets.
Bud Fox (Charlie Sheen) is working in a stock market company
doing cold calls to potential buyers. This is obviously a very junior role and
with his fancy education and high ambitions, he is very hungry for more. He
dreams of landing one of the big clients and few are bigger than Gordon Gekko
(Michael Douglas). Fox is very insistent on getting that crucial interview with
Gekko, but when he finally gets it, Gekko is unimpressed. Only when supplying
inside information on the Bluestar company, where Fox father, Carl Fox (Martin
Sheen), works, does Gekko get interested.
Bud Fox lands Gordon Gekko, but on the terms that Fox finds “secret”
information, things nobody else knows, to give Gekko an edge. This is highly
illegal, but Gekko is very persuasive and Fox is hungry for the wealth and
success. Gekko even “grants” him a nice girlfriend, Darien Taylor (Daryl
Hannah).
This lasts up to the point where Fox convinces Gekko to
invest massively in Bluestar to turn the company around, only to find out that
Gekko secretly plans to liquidate the company and cash in on the assets. Fox is
not fond of that idea and sets out on a rescue mission.
One thing you need to know about Oliver Stone is that he
always makes political movies. He is always going after something and in this
case, it is the moral bankruptcy of the financial markets, symbolized by the
New York Stock Exchange (Wall Street). Where his political points are sometimes
a bit (or a lot) iffy, I would say he got one of his better cases with this
portrayal of the players on the financial markets. I am a complete outsider,
but whenever I meet these “golden boys”, I get that Gordon Gekko feel, that
convinces me that this is not that far fetched. I think Stone was onto
something here and that in terms of zeitgeist in the mid-eighties, this was
right on target.
The Gordon Gekko character has become a by-word for an
amoral financial shark. He is the image we get when we hear or think of crooks
in high finance. In the movie he delivers several speeches outlining his
extreme capitalist philosophy, which is a Darwinian survival of fittest where
fittest mean cunning, daring and most unscrupulous. His speech at the Teldar general
assembly is essentially the political program of the extreme liberal right and
a defence of raw capitalism. It is delivered to create excitement, and this is
how it is received, but when you look at it from a distance, it is truly scary.
Douglas won an Academy Award for this portrayal and that was fully deserved.
As in “Fatal Attraction” we have a flawed hero. In “Wall
Street”, the temptation is money rather than sex, but the effect is the same.
Bud Fox willingly compromises his principles and it is only when his family is
threatened that he gets his moral compass set. As Dan in “Fatal Attraction”, it
is too late, Bud Fox must face the consequences, but he gets a chance to fight
for the right thing. It is a deep hole to climb out from.
Daryl Hannah is a strange cast. She gets top billing, likely
because of her name, but she is almost invisible in the movie. She is merely
one of the perks Fox gets for working for Gekko. There is no chemistry or enthusiasm,
and I get the sense that they could have picked any second-rate actress for
this role and not an A-lister.
On the other hand, I was very excited to see John C. McGinley
as Fox colleague at the stockbroking company. Ever since “Office Space” I have
loved every role he has played. He is awesome and no less here.
I was also very happy to hear Talking Heads “This Must Be
the Place” featured twice in the movie.
“Wall Street” is an iconic eighties movie, but it is more
that just a symbol or a political manifest. It is actually a really good movie.
Highly recommended. This is also my last 1987 movie. On to 1988.






