Wall Street's Greed In 1987 | Flashback | NBC News

[@EuropeanQoheleth]

Greed on Wall Street. Some things never change no matter how many years go by.

[@sunilchow7194]

Agreed bro..

[@chrisgouger9299]

That greed allows you to finance a car, a home, to go to college, to provide venture capital to innovative companies, fuels pension and retirement funds... It's a necessary evil that enriches some and bankrupt others...

[@guppy0112]

Apart from Hedge Funds, Finance and Investment are the lowest reward industries in the world! Fact! And banking is the highest risk/lowest reward industry in the world!

[@danhaley9393]

@@chrisgouger9299 now we sending GME to the moon 🚀

[@brandonluco]

@@danhaley9393 💎🤲💎

[@christopherdonaldson7484]

Isn't it coincidental that the Oliver Stone film was released that year and it was oh so true? Michael Douglas's character of Gordon Gekko idolized Ivan Boesky is spot on! - "Greed is good!"

[@samuelcarpenter2004]

@@frederickfarias9515 Boesky is the goat!

[@bhud1972]

Blue horseshoe loves Anacott Steel

[@striveknight4782]

Now Greed has destroyed their portfolios.

[@gatormcklusky6274]

Aaahhh the 80's...

[@M.H.I.A.F.T.]

Where's Patrick Bateman?

[@a.a.1245]

Doing his morning routine.

[@bud_fox]

He was probably returning videotapes.

[@ALI_FA17]

Brilliant!

[@kshinokevin]

ah, the "American Psycho" himself..

[@TheSpaceshuttle7]

One could argue the same thing happened to journalism.

[@afterdark6822]

Now they want to do it in two hours.

[@richardhaas39]

Ironically, Boesky's investors did fairly well because his firm closed up before the October '87 crash.

[@capnsteele3365]

the sky is blue

[@janicknorman8778]

Greed is a beautiful thing

[@kenrock6136]

Showtimes Black Monday shows this perfectly

[@harrisn3693]

And this was the point when America went down hill....

[@adrianpiedra1226]

there's truth to that..

[@jesseleeward2359]

A Manhattan Art Dealer meant to insult me today I said 'deep pockets does not neccesarily equal intellectual' He said 'you sound like you should be a Social Worker with that attitude' Why is he using 'social worker' as an insult?

[@DanWagner77]

did he have a stroke?

[@SuperSynthguy]

thats why we are going to fix this by HODLing AMC to the Moon!!!!!

[@victorblock3421]

great move. lol

[@the_real_economics]

Unsound money and fractional reserve banking lead our society to overfinancialization where those who produce no value make the most off the society.

[@victorblock3421]

banksters? lol

[@ebonyedwards8342]

WOW

[@danhaley9393]

Milken was a bad dude but he was a boss. GME to the moon 🚀

[@antonioromas3124]

No he as not. Giuliani made false accusation against him and forced him to pleaded guilty. Milken pleaded because federal prosecutors essentially took hostages. First, they aimed their guns at Milken’s 92-year-old grandfather, threatening to prosecute him. Then they indicted Milken’s brother, Lowell. However, they promised Michael that if he pleaded guilty, they would drop the charges against his brother and not prosecute his grandfather. As Giuliani would quip, “A brother for a brother.”

[@richardhaas39]

Earlier GME was the tracking stock for EDS after it was acquired by GM. EDS was originally taken public, and to the moon, by Ken Langone who is still around.

[@angelawho9083]

#MackinawsBrokaw.

[@OldHeathen1963]

Greed is NOT good! Down with Reaganomics!!!

[@survivalSC]

Go stand in line for your EBT card then.

[@antonioromas3124]

@@survivalSC jajajaj great one

[@antonioromas3124]

You are using the internet and everything else thanks to the reaganomics, ignorant

[@gatormcklusky6274]

Aaahhh the 80's...