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Gordon Gekko

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Gordon Gekko
Wall Street character
First appearance Wall Street
Last appearance Wall Street 2
Created by Oliver Stone
Stanley Weiser
Portrayed by Michael Douglas
Information
Age Mid-40s
Specialty Corporate raiding
Occupation Investment banker, arbitrageur
Nationality United States
Place of birth Long Island
Education City College
Residence New York City
IMDb profile

Gordon Gekko is a fictional character from the 1987 film Wall Street by director Oliver Stone. Gekko was portrayed by actor-producer Michael Douglas, in a performance that won him an Oscar for Best Actor. Gekko will return in Wall Street 2 which is currently in pre-production.

Co-written by Stone and screenwriter Stanley Weiser, Gekko is claimed to be based loosely on arbitrageur Ivan Boesky, who gave a speech on greed at the University of California, Berkeley in 1986, and real-life activist investor / corporate raider Carl Icahn. According to Edward R. Pressman, producer of the film, "Originally, there was no one individual who Gekko was modelled on," he adds. "But Gekko was partly Milken", who was the "Junk Bond King" of the 1980s, and indicted on 98 counts of racketeering and fraud in 1989.[1]

In 2002 Gordon Gekko was named one of the Fifteen Richest Fictional Characters according to Forbes who attributed him with 650 million dollars. In 2003, the AFI named him number 24 of the top 50 movie villains of all time.

Contents

[edit] Fashion

Gekko's clothing selections were both a nod to 1980s corporate culture fashion trends and an innovator in those trends. The colorful suspenders, shiny shoulder-padded suits and permanently slicked-back hair became the 'official look' of power and fortune. Gekko's ensemble was assembled by Alan Flusser.

Gekko's trouser braces were manufactured by Albert Thurston Ltd. The blue braces with singular white stripe are Eton College colours. The iconic custom-made shirt worn by Gordon Gekko was hand-crafted by master shirtmaker, Mel Gambert of Newark, NJ.[2] The selection of apparel worn by Gekko was greatly discerned to add an authoritative air and promote a dominating physical stature.

[edit] Cultural symbol

Gekko has become a symbol in popular culture for unrestrained greed (with the signature line, "Greed, for lack of a better word, is good"), often in fields outside corporate finance.

On September 25, 2008 Michael Douglas, acting as a UN ambassador for peace, was at the 2008 session of the United Nations General Assembly. Reporters sought to ask him off topic questions about Gordon Gekko; "Douglas was asked whether he bore some responsibility for the behaviour of the greed merchants who had brought the world to its knees thanks to his (aka Gekko's) encouragement."[3] Trying to return to topic Douglas tried to "suggest that the same level of passion Wall Street investors showed should also apply to getting rid of nuclear weapons."[3] The actor was also asked to compare nuclear Armageddon with the "financial Armageddon on Wall Street".[4] After one reporter inquired "Are you saying, Gordon, that greed is not good?"[4] Douglas stated "I'm not saying that. And my name is not Gordon. It's a character I played 20 years ago."[4][3]

On October 8, 2008 the character was referenced in a speech by the Australian Prime Minister Kevin Rudd in his speech "The Children of Gordon Gekko" concerning the Financial crisis of 2007-2008. Rudd stated “It is perhaps time now to admit that we did not learn the full lessons of the greed-is-good ideology. And today we are still cleaning up the mess of the 21st-century children of Gordon Gekko.”[5]

[edit] Footnotes

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