Showing posts with label Oliver Stone. Show all posts
Showing posts with label Oliver Stone. Show all posts

Thursday, May 9, 2024

JFK

 SPOILER ALERT! The plot will be discussed.

JFK (1991), directed by Oliver Stone, is a conspiracy theory film about an alleged plot to kill President John F. Kennedy on November 22, 1963, that was propagated at the highest levels of the United States government. Donald Trump is not the only person who believes in the idea of a “deep state.” This movie is factually suspicious. However, the craft in making it, especially the editing and cinematography, is exemplary as it presents a vast number of clipped images that explode with information and power. As Roger Ebert said in his book, The Great Movies, the film has “emotional truth,” since it captures the feelings of the country whose citizens were confused, angry, and hungry for answers concerning this national tragedy. I think it might be best to see the film as a fictional thriller based loosely on actual events. Ebert also states that despite the numerous scenes, which include flashbacks, the feel is feverish, which fits the agitated drive that fueled the desire to answer questions about the killing of President Kennedy. The camera work often adds to the feeling of authenticity with the appearance of a documentary, as narrators speak while the images flash before the audience. Stone’s premise is that in a conspiracy, one must look below the fictitious façade to find the truth beneath.

The story is partially based on the book, On the Trail of the Assassins, by New Orleans District Attorney Jim Garrison, played by Kevin Costner, who investigated the shooting of President Kennedy. The film starts with Kennedy’s predecessor, President Dwight D. Eisenhower, the general in the U. S. Army that led the Allies in World War II in Europe, who warned against the danger in the growing power of the “military-industrial complex.” (The opening narration is supplied by Martin Sheen). The opening states that Kennedy didn’t provide air cover for the anti-Castro forces at the Bay of Pigs, which was a disaster for Kennedy’s attempt to overthrow communist-led Cuba and its leader Fidel Castro. The movie states that Kennedy felt the CIA “lied” to him and attempted to “manipulate” him about the operation. In archival footage, Kennedy stated that it would be difficult to win a war in Vietnam. He also stated that he did not want the United States to dominate the world with its military, but instead wanted a one-world community. The film hypothesizes that “military-industrial complex” saw Kennedy as a threat to their existence.

Garrison investigated the New Orleans connection to the assassination by way of private pilot David Ferrie (Joe Pesci). Ferrie’s story about not knowing Oswald, who lived in New Orleans for a while, and who was in Ferrie’s military unit, and his contradictory comments about being in Texas after the assassination, cause Garrison to keep him for the FBI investigation. Garrison was rocking the boat by questioning the cover story of Ferrie, and eventually of the United States Government itself. The Federal Government dismisses any connection between Ferrie and Oswald without notifying Garrison’s office. After Jack Ruby (Brian Doyle Murray) kills the alleged assassin, Lee Harvey Oswald (Gary Oldman), the investigation ends. One member of Garrison’s team, Bill Broussard (Michael Rooker), says, after seeing Ruby shoot Oswald on TV in front of many policemen, “This is crazy.” His words reflect what practically everybody felt at the time.

However, Garrison, following the Warren Commission completed study of the killing in 1966, felt there were discrepancies in the report and reopened the investigation. There is a question as to Oswald’s ability to fire off his weapon with such accuracy and precision, and that shots were heard coming from the infamous “grassy knoll” near the assassination. Supposedly the route Kennedy took was changed which, according to Garrison’s team, would allow for a better attack from multiple shooters.


Jack Lemmon gives a great performance as Jack Martin, a frightened individual who witnessed Guy Bannister (Ed Asner), a brutal man who recruited for far-right extremist organizations and hated Kennedy, meeting with Oswald and Ferrie, along with Cuban anti-communist sympathizers in the midst of the American intelligence center in New Orleans. Bannister also conferred with Clay Bertrand (Tommy Lee Jones), a local bigwig. They were gathering guns for another Cuban invasion, which Kennedy shut down. Bannister considered the president’s death would bring about a “New Frontier,” ironically taking Kennedy’s words. Bannister beat Martin when he questioned Martin’s loyalty.


Effective supporting performances abound in this film. John Candy plays a sweating flamboyant lawyer (the sweat was real) named Dean Andrews, Jr., who says that his client, Clay Bertrand, also known, as we find out as Clay Shaw, a homosexual, wanted to hire Andrews to defend Oswald. Shaw was involved with Willie O’Keefe (Kevin Bacon) and Ferrie in gay parties. (Despite Costner's Garrison's denial of the homosexual element having anything to do with the investigation, the film portrays gay men as villains). Garrison finds out about these relationships when he meets with the imprisoned O’Keefe. The inmate says he met with Oswald once, too, through Clay. He says that Ferrie ranted about Kennedy being a Communist and that he could be taken out in an open area with triangulation of sharpshooters, with one man being sacrificed as a patsy, which is what Oswald said he was later. Garrison learns from witnesses that support Ferrie’s plan. But the belief that there were multiple shooters, and that Oswald knew Ruby were dismissed by the Warren Commission, which also showed that accounts of what happened as reported by people earlier were later changed. O’Keefe spouts pro-fascist beliefs, which makes Garrison question Oswald’s pro-communist backstory since O’Keefe said Oswald associated with far-right men. However, Broussard knows that O’Keefe’s sexual orientation and beliefs would make him less than a credible witness (especially in 1966). Garrison is funny when he says why is it that a woman, just because she is a prostitute, can’t have good eyesight.

Garrison’s group discovers that Oswald’s income tax and other records are “classified” so that even law enforcement people can’t obtain them. He supposedly defected to Russia but was able to get back in the country with his Russian wife with no problem. Garrison suggests to his team that Oswald was a CIA operative who was used by the intelligence community to take the fall for the assassination. Broussard begins to find it difficult to believe that the American intelligence community would kill the Commander-in-Chief. The movie challenges what we want to believe by suggesting there may be an alternative way of looking at what happened.

As Garrison becomes immersed in his suspicions about the assassination, his home life with his wife, Liz (Sissy Spacek), deteriorates, as he misses family events. He has nightmares about the contradictions he sees in the Warren Report. (There is a shot of Garrison’s child watching cartoons that show characters having a shootout and playing with toy guns while Garrison and his team discuss the case. These scenes show how early in life children are exposed to gun violence in the country).

As the story plays out, there is an increasing sense of doom as witnesses die, including Bannister and Ferrie, and Garrison’s investigation hits roadblocks. There is the possibility that unseen powerful forces are trying to tie up loose ends. Garrison’s office is bugged. Martin told Garrison he is “so naïve” to think nobody cares what they are investigating.

Garrison’s team supposedly finds evidence that makes it look like someone was impersonating Oswald, showing up in Dallas, acting conspicuously, so that witnesses would testify that he was staking out the area before the assassination. This activity would aid in setting up Oswald as the fall guy. This information adds to the theme of how false appearances appear to be trustworthy.

While the story continues, Stone inserts TV footage of the Vietnam War cranking up, which implies that that military-industrial complex was benefiting from the change in the presidency from Kennedy to Lyndon Johnson.

Garrison finds out that Clay Bertrand who was seeking counsel for Oswald and knew Ferrie, is really Clay Shaw, a prominent New Orleans citizen, who says he admired Kennedy. Garrison calls him in on Easter Sunday for an interview. The date seems ironic given that the holy day contrasts with the dire events that are discussed. It also adds to the idea that what is on the pleasant surface above hides the dark truth below, which is at the heart of all conspiracies. He accuses Shaw of having conducted business for the CIA, and is a secret operative, adding to the belief that the intelligence agency participated in the assassination. As Garrison said earlier, his team has gone through the looking glass, as did Alice in Wonderland, and reality is being reversed. Garrison says, “white is black, and black is white.” Garrison tries to cut through Clay’s Southern surface charm and hospitality as he tells Clay, who says he is a patriot, that he finds it odd that conspiring to kill a president is likened to being patriotic. Garrison is finding what people claim to be the truth here is suspect. After Shaw leaves, Garrison adds to the movie’s theme of hypocrisy when he quotes Shakespeare, saying, “One may smile, and smile and be a villain.”

After the interview with Shaw, the investigation becomes public, and Garrison suspects Shaw of publicizing Garrison’s actions. Reporters now hound the DA is and he is accused of grandstanding and misusing public funds. Ferrie feels he is now a target due to his association with Shaw and Oswald exposed to the public. In a hysterical scene, Ferrie admits to working for the CIA, as was Oswald. He claims Shaw is an “untouchable” in the Agency. He says that there was so much secrecy, that the truth was even hidden from the actual shooters in the assassination, so deep does the deep state go. He admits that the CIA and the Mafia worked together to try to kill Castro, which indicates that there is no defining line between what is legal and illegal.

Garrison meets with a Mr. “X” (Donald Sutherland) who was involved in “black ops,” and in many overseas coup d’états. He was transferred out just before the assassination and read a whole background story on Oswald in a New Zealand newspaper before Oswald was charged. His professional assessment was that it was a cover story (false appearance again) to distract people from the truth. He believes he was sent to the South Pole to stop him from allowing better security in hostile Dallas, where protection of the President was allowed to be lax. Kennedy fired several powerful intelligence officers and planned to withdraw what troops there were in Vietnam. Kennedy also was slashing defense spending. Kennedy’s actions were a threat to that military-industrial complex, which “X” believes got Kennedy killed. Here we have a man hiding under the surface, not even revealing his own name, but who actually wants to bring truth into the light of day.

After Garrison arrests Clay Shaw, he is dismissed as an agent involved in the assassination by Earl Warren, and the FBI gives no credence to Garrison’s assertions. There are lies put forth about how Garrison intimidated, bribed, and drugged witnesses, and that he was tied to gangsters. In this film, we again have a false front put on again, in this case a negative appearance to cover the positive motives of an individual. Garrison suffers tax audits and is forced to leave the National Guard based on what the movie sees as a persecution of Garrison for getting too close to the truth of the conspiracy.

Broussard can’t tolerate the idea that Lyndon Johnson might have been involved in the assassination, as Garrison implies. He leaves the investigation, but he returns later to tell him that he heard of a hit placed on Garrison, which follows a previous threat against the DA’s daughter. But Broussard trying to help Garrison is phony, and he actually tries to set Garrison up at an airport restroom to insinuate that Garrison had a homosexual encounter. The team discovers that Broussard turned all their findings over to the FBI. The traitor (again, someone who appears to be other than he is) in their midst is especially upsetting to Garrison and his people, who are besieged on all sides.

Martin Luther King, Jr., an outspoken critic of the Vietnam War, was assassinated in 1968. and a couple of months later, Robert Kennedy is killed. Garrison predicted that “they” wouldn’t allow Kennedy to get elected and carry on his brother’s anti-military policies. Garrison’s wife now believes her husband’s quest is a just one as the enormity of what is happening hits them both. Garrison confesses that he is now truly “scared,” not for himself, but for the country, as democracy and the virtues on which the nation was established are threatened. They find solace in each other’s arms as a sanctuary from the assault on the nation.


The trial of Clay Shaw begins, but Garrison has trouble getting subpoenas and extraditions. The defense attorney attacks the character of the state’s witnesses, accusing one of being one a liar, another a drug addict, and another unbalanced mentally. The lawyer Dean Andrews now disavows under oath any of the statements Garrison says Andrews made to him. The judge says that Saw admitting to the alias of Bertrand is inadmissible because a lawyer wasn’t present, which Garrison says is never required when someone is being asked if using another name. Shaw of course denies doing anything wrong or even knowing those who supposedly he conspired with.

Then comes the long speech by Garrison that includes discussion about the “magic bullet” theory propagated by the Warren Commission. He details how impossible is the theory of so much damage being done by one shot. By using the Abraham Zapruder film, which was locked away for five years, his point is to show to what illogical lengths the conspiracy has gone to cover up the truth.

The jury found Clay Shaw innocent based on the evidence, but one juror stated that there was a belief that there was a conspiracy. The end credits note that, later, the CIA admitted that Clay Shaw was a part-time contract agent for the intelligence agency, and that secret records concerning the assassination would not be released until 2029. Some were later released by the Trump Administration.

Garrison at the end of his speech says, “it’s up to you,” to fight for truth, to look behind the lies and preserve the ideals of the United States. He is talking to the jury, but Costner is looking right at the camera, and at us. We are the ones Oliver Stone is addressing.

Sunday, April 3, 2022

Wall Street

 SPOILER ALERT! The plot will be discussed.

Wall Street (1987), directed by Oliver Stone, whose father worked on that avenue of affluent dreams and financial nightmares, starts off with Frank Sinatra singing, “In Other Words.” It contains the lyrics, “Fly me to the moon/And let me play among the stars/Let me see what Spring is like/On Jupiter and Mars.” In the context of this film, it suggests there are those people who want to be so powerful that they don’t even see the sky as the limit. And that power comes from accumulating money, no matter what the cost is to others who the wealthy use as their stairway to the affluent heavens. The opening montage shows all levels of society in New York City, from laborers to those going to financial institutions as they crowd onto sidewalks and into elevators, trying to make a living.

The story takes place in 1985. Bud Fox (Charlie Sheen) works at a Wall Street brokerage firm, trying to get ahead in the cutthroat business of selling stocks through cold calls. (Bud’s last name is Fox, but is he as sly as one? At the beginning of the movie it is an ironic name, but he lives up to it by the end). When someone cancels a deal, Bud must make up the loss the firm sustains. His pal, Marvin (John C. McGinley), says it could have been worse if it was “my money.” He is joking, and offers Bud some spending money, but his selfishness epitomizes the central work ethic of his profession.

Bud is desperate to rocket out of his current job, unlike coworker Lou Manheimm (Hal Holbrook), who believes in patience and sticking with the stock of a company that creates good products, no matter if it takes five years to fulfill its potential. He says, “Good things sometimes take time.” Marvin, in contrast, says on the phone he needs information immediately, because in a very short time, if he doesn’t get it, he’ll be a “dinosaur.” His point is that in the stock market world, sure and steady doesn’t win the race; if that is the practice, one becomes a financial evolutionary failure.

Director Stone said that he wanted to make a “movie about sharks, about feeding frenzies.” So, the camera keeps moving, in circular fashion many times, like a “predator.” There’s no letup until we get to Bud’s father “where the stationary camera gives you a sense of fixed immutable values.” In this way Stone uses motion to contrast the loose ethical ways of the Wall Street types with the steady, honest, hard-working members of society.

Bud continually calls Gordon Gekko (Michael Douglas, who won the Best Actor Oscar for this role), an unscrupulous giant in the stock and real estate investment area, to work with him. However, Bud is a nobody who never gets through to Gekko. (Gekko suggests a gecko. As IMDb notes there is a Golden Gecko, which sounds like Gordon Gekko, and which may point to Gekko’s lust for riches. We may think of the creature as a friendly lizard from insurance ads and forget that it is a carnivorous animal). Even the mercenary Marvin sees how Gekko is beyond the edge of acceptable moral behavior when he says that the man had “an ethical bypass at birth.”

Bud goes to a tavern to see his father, Carl (Charlie’s real dad, Martin Sheen). When Carl uses the word “spaghetti,” Bud says his dad should use the word “pasta,” since spaghetti is out of date. Carl says so is he. The film implies that Carl’s morality is becoming extinct. Carl notes he is taking blood pressure medication, and Bud wants him to stop smoking. These facts are a foreshadowing of what is to come. Bud needs to borrow more cash. The lifestyle which he maintains to be a player in his job cuts right through his earnings. He can’t even pay off his college loan. So far, he has been staying inside the ethical playing field, but his profession makes it difficult to stay there. Living a working man’s life is not good enough for Bud. He says, “There’s no nobility in poverty anymore.” So, when his father mentions that the airline he works for, Bluestar, has been cleared of any wrongdoing in an accident (which Carl knows was due to lax standards on the part of the manufacturer, pointing to more unethical behavior due to stress on the bottom line), Bud has access to information that has not been made public yet. If used to purchase stock, it is insider trading, which is illegal.

Bud finally gets a meeting with Gekko when he shows up in person on Gekko’s birthday with Gekko’s favorite Cuban cigars. This contrasts with his dad’s pedestrian cigarettes, but both men are subject to the same threats to mortality. However, Gekko has the money for technology that monitors his heart in the office. He doesn’t even stop for a smoking break if a buck is to be had. As Bud says, for people on Wall Street, Fortune Magazine is the “bible,” which is substituted for religious values. Around him, Gekko has cutthroat businessmen who will do anything for a monetary killing. Gekko actually uses lines like “lock and load,” and being in the “kill zone,” which metaphorically illustrates the brutality of the big business mentality. On the phone, Gekko says, “Lunch is for wimps.” For him, taking time out to enjoy a midday meal shows weakness. Gekko does admire Bud’s persistence, but the only thing that gets some attention from Gekko is the information about Bluestar achieving a clean record form the FAA.

Bud thinks he struck out with Gekko, but the bigshot calls him and tells him to buy Bluestar stock for him. Bud is now ready to fly to the moon, as the song says, since he will make money off the purchase. The newspapers then announce that the airline was exonerated in the crash, and the stock price soars, just like a jet plane. Gekko meets Bud at a high-class restaurant, but Gekko doesn’t have the meal with him, following his own rule. He does give Bud a million dollars to invest and says he doesn’t like losses, so if Bud continues to do well, there will be lots of “perks” to reward him. He orders steak tartare for Bud, which is raw meat topped with an uncooked egg, which fits in with the predator theme of the film.

After taking a loss on an investment for Gekko, Bud meets with Gekko at a sports club where Gekko handily beats Bud at squash. The competition jives with how Gekko sees the world divided up between winners and losers. He sees himself as a self-made man. Those with “Ivy League” diplomas who he sees were given advantages that he had to earn now kiss up to Gekko. He says, “Give me guys that are poor, smart, and hungry, and no feelings.” For him, caring about others just gets in the way of accumulating wealth. Unlike most people, he says he doesn’t “throw darts at a board.” He only bets on “sure things.” To have that surety, he goes outside the law. For Gekko, all is fair in love (which he thinks is an emotional scam) and war, and he sees monetary acquisition as warfare. That is why he tells Bud he should read Sun-Tzu’s The Art of War. He says that “every battle is won before it is fought.” He doesn’t gamble, but wants the game rigged in his favor.  

Gekko is a complicated person. He makes valid comments about how little invested in their own companies the executive officers are. Even though he is a self-made man he has disdain for those that just labor their whole lives without success, including his own father, who died of a heart attack at an early age. This fact is another foreshadowing, and the story suggests that he is linked to Bud through their fathers. Gekko sees things in binary ways. When he observes a beggar standing next to a well-dressed businessman, he says nobody can convince him that only luck was the factor between success and failure. He seems to think that being rich and being poor are the only choices. He doesn’t concede that those who work hard should be deserving of more than being poor. He tells Bud that the choices are either being rich enough to own an airplane, “or nothing.” Yet, he is also able to appreciate that the beauty of a sunrise is not something that can be measured in dollars and cents.

He wants Bud to follow a rival, Sir Larry Wildman (Terence Stamp. The character’s name suggests staid nobility and a rulebreaker at the same time). Sir Larry had a “mole” in Gekko’s organization and burned Gekko on a deal. Gekko wants “payback.” He has seduced Bud and will dump him if he doesn’t spy on Sir Larry in the U. S. and provide Gekko with insider information. After tailing Sir Larry, Bud and Gekko realize the Englishman is investing in Anacott Steel. Bud and Gekko start buying stock in the company which drives the price up and makes it expensive for Gekko’s nemesis, Sir Larry, to purchase the company. When Bud tells Lou about it, the latter dismisses the idea of a sure thing, and says a steady investor gets through the “bear” as well as the “bull” markets. Lou reminds Bud to keep his eye on the larger picture that goes beyond individual gain, stressing how the money invested wisely “creates science and research jobs.” In response to Bud saying a person must make it big before he or she can do good, Lou says, “You can’t get a little bit pregnant.” The point is once you cross the line that leads to corruption it means you’re all in.

Bud brings documents for Gekko to sign at his house where he is having a party. It is there that he meets Darien Taylor (Daryl Hannah), an interior decorator, who is quite snobby in her attitude toward design. Gekko notices that Bud admires her beauty, and Gekko and Darien stroke each other’s hands, so we know that there was a sexual connection between the two. Darien says she’s a spender of other people’s money, so Bud uses that information to make a direct play for her, saying he will be moving up in the world after a couple of deals with Gekko. Acquiring people is the next step after obtaining things in this world of high finance.

Sir Larry arrives to confront Gekko about how he has driven up the cost of obtaining Anacott Steel. Sir Larry recognizes Bud, and probably realizes that he was following him. The references to war continue to make the connection to how big business is carried out. Gekko has a wall of firearm collectibles, including a German Luger, joining him metaphorically to Nazi war tactics. This time, Sir Larry wants to turn the company he is buying around. He’s in it for the “long haul,” harkening back to the beneficial principles that Lou espouses. Gekko gets him to buy his shares of the company at a high price, but his motives are revenge as well as profit. Bud now quotes Sun-Tzu, which impresses Gekko, since battle tactics to win the immediate confrontation are what he is teaching Bud, not long-term prosperity.

Gekko wants to be continually “surprised,” by new information that will get those sure things he can invest in. So, Bud visits a college buddy, Roger Barnes (James Spader), a lawyer at an upscale legal firm. He tries to bait the hook by offering lots of cash if Roger will provide information on a certain deal. Roger is wary about getting disbarred, but still seems interested. He notes that the records in his uncle’s office at the firm contain loads of great information about company transactions. So, Bud gets involved in the janitorial service that cleans the office building where Roger works so he can delve into the uncle’s files. It is interesting that he does his dirty business by pretending to be working in a business that involves dirt.

Bud’s fortunes are rising, so he now can afford to date Darien. He even adopts Gekko’s phrase, “I’ll talk at you,” showing Gekko’s influence. The words suggest giving dictation, as opposed to listening to the needs of others. He plays rich games, like riding dune buggies with Gekko and Darien on the beach. Their vehicles are filmed in front of fisherman with their nets who have no time for play as their survival exists from day to day. Bud is decent about paying his father back for all the money he borrowed from him. But the workers at the airport kid him about joining them in doing a “honest day’s work,” as opposed to the slick Wall Street manipulations he’s involved in. His father compares his recent big monetary gains to winnings at the racetrack, which is a gamble, and which one can lose soon after.

Gekko always protects himself first so his lawyer gives Bud a limited power of attorney that allows Bud to make trades and assume any possible liability, since Gekko can claim plausible deniability. They use offshore accounts such as in the Cayman Islands to hide money. As Bud gets richer, another worker who has been with the firm for a long time is fired, showing how loyalty in the investment business does not last based on past accomplishments. As Marvin says, they are only one stock trade away from “humility,” which shows how precarious their profession is.

Time passes and Bud moves to an expensive penthouse apartment with Darien, who is also his decorator. They enjoy the high life together way above the worker bees below them. But Bud hasn’t forgotten his roots. At one point, staring out at the view high up in the clouds where he now resides, he asks himself. “Who am I.” It is more like what has he become.

Gekko wants to take over Teldar Paper and goes to a stockholder meeting to give his famous “greed is good” speech. He says, “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.” He makes a valid point about how the drive of the individual to excel brings about changes moving forward. However, he leaves out that not all change is good, especially when it comes to technology. And, his sermon sounds like he is preaching Social Darwinism, where only the strongest can survive as they vanquish all others. He says according to him, “You either get it right, or you get eliminated.” Again, we have his extreme binary way of looking at things. But “getting it right” for Gekko only means making huge profits no matter the cost to others. He often breaks up companies he buys and sells them for their components that pay more than what the company were worth when combined, regardless of who loses their jobs and benefits. We again hear the lyrics, “Fly me to the moon,” which fits in with these men who have the hubris to think of themselves at gods on high, ruling the earth below.

The film nicely segues to Bud telling Darien that he is “shooting for the stars,” and, appropriately, he wants to run an airline. He tries to convince Gekko to help build Bluestar Airlines into a bigger and better company after he hears from his dad that layoffs are coming. Bud says he knows the people working at Bluestar, and they will trust him that they can turn the company around if there is a cut in wages. Trust is the branch that Bud is hanging onto here, and betrayal will be what breaks that trust.

Bud (whose hair is greased back now like Gekko's, reflecting their slick maneuvers) and Gekko meet with the airline union leaders, including Carl. What Gekko and Bud propose seems like a good plan to turn Bluestar around, but Carl knows Gekko’s love of greed and doesn’t believe he will follow through once he owns the airline. Bud may have some good general plans, but Carl points out that his son only worked at the airline for a short time and isn’t ready to be president of the company. Gekko calls Bluestar’s management “scum” who have ruined the company. Carl points out that the management of Bluestar built the company over thirty years from scratch when they started with one plane. Carl’s argument is that management is in it for the long haul, and he knows that Gekko is a short-term speculator who gets his money and then dumps what he buys.

Bud is of course embarrassed by his father’s lack of support, and they have an emotional confrontation after Carl walks out of the meeting. Carl says Gekko is using Bud, but Bud says, “What I see is a jealous old machinist who can’t stand the fact that his son has become more successful than he has!” It is an incredibly hurtful statement, and Carl feels that he has failed in raising his boy if that is what he believes. Carl marks an individual’s success by the morality of an individual, not by the “size of his wallet.” But, Carl does agree to let the union members vote on the proposal.

Bud’s lawyer friend Roger calls Bud into his office because he’s worried about the SEC looking into offshore purchasing of Teldar Paper that Roger is complicit in. Bud learns from Roger that Gekko is using the law firm to instigate plans for Bluestar. In a meeting, Bud finds out that his father was right, that Gekko is planning on breaking up Bluestar and selling its components, including the property for housing development and the planes, and plundering the overfunded pension for a substantial profit.

Bud confronts Gekko, who says he was reading his son the story of Winnie the Pooh, and how the bear became stuck in the honeypot, supposedly relating the tale to the Bluestar situation. Bud wittily says maybe Gekko should have read the story of “Pinocchio,” which talks about someone who lies, obviously referring to Gekko. Gekko gives a speech which some may feel is shockingly true to this day. He says how the richest one percent of the United States own most of the country’s wealth. He says that “I create nothing. I own.” The stock and real estate speculators just manipulate the capitalist system to profit from it, but not by creating anything or helping others. The amount of gain is not important to Gekko. He just sees things in that binary way, where there are only winners and losers. He says that we don’t live in a “democracy.” It’s the powerful wealthy who “make the rules.” As he says this speech, the camera includes a shot of a man washing the windows of Gekko’s high-rise office. The movie is saying with another visual example that the manipulative wealthy live in extreme comfort as others must labor for meager earnings.

Bud is feeling guilty about being played by Gekko. Darien is frightened by Gekko’s wrath if Bud fights him on the Bluestar deal, and says she will not stick around because she will lose all her clients through Gekko’s influence. She tells Bud that he should look in the mirror and should not act self-righteous concerning Darien’s plans to bail. After he throws her out, she looks at herself in the mirror in the hallway, and Darien, like Bud, is not happy with what she sees.

The foreshadowings are realized as Carl has a heart attack and he and Bud have a tearful bedside meeting where Bud says he will make things right and use Carl’s “words,” which come from an “honest” man, when he speaks to the union leaders. Bud wants the unions to confront Gekko when the stock begins to rise once he implements his plan. He also knows that Sir Larry wants to hurt Gekko over the Anacott Steel deal. Bud and the union leaders give the same deal to Sir Larry that they gave to Gekko so long as he agrees to make a contract not to break up Bluestar. Sir Larry is agreeable, since he seems to be willing to help companies, not exploit them at this point.

Bud then tells his fellow workers at the investment firm where he works to start buying Bluestar to drive up the price. Ironically, Bud uses Gekko’s connections against Gekko to create enthusiasm for Bluestar stock. The union people tell Gekko they know his plan and will disrupt the airline’s activities, causing the company to be worthless before he can break it up. Bud then gets everyone to sell stock and take gains, thus lowering the price so that Gekko takes big losses on the shares he bought as the price went up. Sir Larry buys the stock at a cheap price and he is the only person willing to buy Gekko’s shares, which amounts to a total defeat for Gekko.

However, Gekko lets the Federal authorities know that Bud was involved in insider trading violations, and they arrest Bud. Bud meets Gekko in Central Park. He smacks Bud around for how he caused Gekko to lose millions. However, Bud is wearing a wire and makes a deal with the authorities to get Gekko on illegal activity.

Bud will be going to jail, but he saved Bluestar, and Sir Larry has offered him a job at Bluestar once he gets out. As his parents drive him to the courthouse, Carl states the theme of the movie, telling Bud “Stop going for the easy buck and start producing something with your life. Create, instead of living off the buying and selling of others.” The camera pulls away, a bookend which compliments the opening shot, to take in the whole skyline of New York City, as if to suggest people should look beyond their own interests to the bigger picture that includes the welfare of others.

The next film is Manchester by the Sea.