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Alternative Market Briefing

Book review - A cautionary tale in Scaramucci’s ’Goodbye Gordon Gekko’

Wednesday, June 02, 2010

From Kirsten Bischoff, Opalesque New York:

“Life imitates art far more than art imitates life,” wrote Oscar Wilde in his essay “The Decay of Lying”. At no time may that be truer than when the 1987 Oliver Stone film “Wall Street” inspired an entire generation of young men to set their lives on a track meant to imitate the film’s slick antagonist - Gordon Gekko.

This fall, when the much-awaited sequel “Wall Street: Money Never Sleeps” opens in theaters across the US – Gekko - whose years in prison for the sins he committed in the first film have brought him full circle – is, amongst other things, now an author. His (fake) book is entitled “Moral Hazard: Why Wall Street Has Finally Gone Too Far”. Apparently Stone, who meant the first film’s iconic catch phrase “greed is good” to warn and not inspire, is not leaving his moral message to chance this time around.

Writing a similar (real) book, filled with cautionary advice about working in the financial industry (and frankly, applicable in any industry) is Anthony Scaramucci, who has authored the newly published “Goodbye Gordon Gekko: How to Find Your Fortune Without Losing Your Soul”.

If it seems like a cinematic stretch for a character so entrenched in the financial markets to have the presence of mind to step back and criticize its worst points, it may seem even mor......................

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