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

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  • Опубликовано: 11 сен 2014
  • Tom Brokaw looks back at an ethically-flawed and cocaine-fueled era on Wall Street.
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    When Wall St. Greed Was Good | Flashback | NBC News

Комментарии • 43

  • @EuropeanQoheleth
    @EuropeanQoheleth 8 лет назад +55

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

    • @sunilchow7194
      @sunilchow7194 5 лет назад +2

      Agreed bro..

    • @chrisgouger9299
      @chrisgouger9299 4 года назад +12

      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
      @guppy0112 3 года назад +4

      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
      @danhaley9393 3 года назад +2

      @@chrisgouger9299 now we sending GME to the moon 🚀

    • @brandonluco
      @brandonluco 3 года назад

      @@danhaley9393 💎🤲💎

  • @bhud1972
    @bhud1972 3 года назад +19

    Blue horseshoe loves Anacott Steel

  • @gatormcklusky6274
    @gatormcklusky6274 9 лет назад +39

    Aaahhh the 80's...

  • @christopherdonaldson7484
    @christopherdonaldson7484 4 года назад +14

    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!"

  • @M.H.I.A.F.T.
    @M.H.I.A.F.T. 5 лет назад +29

    Where's Patrick Bateman?

    • @a.a.1245
      @a.a.1245 3 года назад +9

      Doing his morning routine.

    • @bud_fox
      @bud_fox 3 года назад +9

      He was probably returning videotapes.

    • @ALI_FA17
      @ALI_FA17 3 года назад

      Brilliant!

    • @kshinokevin
      @kshinokevin 18 дней назад

      ah, the "American Psycho" himself..

  • @striveknight4782
    @striveknight4782 3 года назад +11

    Now Greed has destroyed their portfolios.

  • @TheSpaceshuttle7
    @TheSpaceshuttle7 3 года назад +8

    One could argue the same thing happened to journalism.

  • @richardhaas39
    @richardhaas39 10 месяцев назад +2

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

  • @afterdark6822
    @afterdark6822 3 года назад +6

    Now they want to do it in two hours.

  • @janicknorman8778
    @janicknorman8778 4 года назад +5

    Greed is a beautiful thing

  • @kenrock6136
    @kenrock6136 3 года назад +3

    Showtimes Black Monday shows this perfectly

  • @capnsteele3365
    @capnsteele3365 3 года назад +3

    the sky is blue

  • @harrisn3693
    @harrisn3693 4 года назад +11

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

    • @adrianpiedra1226
      @adrianpiedra1226 3 года назад +3

      there's truth to that..

    • @jesseleeward2359
      @jesseleeward2359 Год назад

      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?

  • @the_real_economics
    @the_real_economics 11 месяцев назад +1

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

  • @SuperSynthguy
    @SuperSynthguy 3 года назад +2

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

  • @DanWagner77
    @DanWagner77 9 лет назад +2

    did he have a stroke?

  • @danhaley9393
    @danhaley9393 3 года назад +2

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

    • @antonioromas3124
      @antonioromas3124 11 месяцев назад

      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
      @richardhaas39 10 месяцев назад

      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.

  • @ebonyedwards8342
    @ebonyedwards8342 Год назад

    WOW

  • @OldHeathen1963
    @OldHeathen1963 4 года назад +8

    Greed is NOT good! Down with Reaganomics!!!

    • @survivalSC
      @survivalSC Год назад +1

      Go stand in line for your EBT card then.

    • @antonioromas3124
      @antonioromas3124 Год назад

      @@survivalSC jajajaj great one

    • @antonioromas3124
      @antonioromas3124 11 месяцев назад

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

  • @angelawho9083
    @angelawho9083 3 года назад +1

    #MackinawsBrokaw.

  • @gatormcklusky6274
    @gatormcklusky6274 9 лет назад +9

    Aaahhh the 80's...