Wallstreet 2 by Ro Martin

Brief Summary The main characters involved are: (1) Gordon Gekko a book writer and ex-convict alleged of securities fraud and insider trading; ( ) !acob "oore - a to# #ro#rietar$ trader; (%) &innie Gekko a writer' !acob(s girlfriend and Gordon(s daughter; ()) *ouis +abel managing director of ,eller +abel and mentor of !acob; and (-) .retton !ames head of /hurchill and 0chwart1' rival of ,eller +abel2 The stor$ involves the following interrelated conflicts brought mostl$ either b$ circumstances in the environment or #ersonal motives: (1) Gordon Gekko(s estrangement to his daughter and his #ursuit to bring himself back to the world of financial trading; ( ) *ouis +abel(s attem#t to bailout his staggering com#an$; (%) !acob "oore(s commitment to his love for &innie' his #assion for work' and his res#ect and admiration for *ouis +abel his mentor; ()) &innie Gekko(s defiance towards his father Gordon and the financial trading #rofession; and (-) .retton !ames( commitment to take his com#an$ u#2 The conflicts are resolved as follows: (1) Gordon Gekko creates a relationshi# with his future son-in-law !acob "oore that involves !acob mitigating the estrangement of the father and daughter' and Gordon hel#ing !acob with his revenge for *ouis +abel2 Gordon still hoodwinks !acob and &innie des#ite the trust he has garnered b$ using the mone$ he saved from his treacher$ in 1345s to form a com#an$2 6et later on after times of reali1ation and askance of forgiveness' Gordon concedes b$ giving 7155" to the fusion #ro8ect !acob su##orts much to the delight of the cou#le2 ( ) *ouis +abel is confronted b$ the dilemma of bailing out his com#an$ from financial distress brought about b$ a %59 decrease in the value of its stocks2 :e#ression strikes

him and so he commits suicide2 !acob continues his fight b$ taking revenge in memor$ of his death2 (%) !acob "oore(s love for &innie is manifested b$ a diamond ring he a##ro#riated from a humongous amount of bonus he has received from *ouis' b$ his astuteness in reconnecting the estranged father-daughter relationshi# of &innie and Gordon' and his #erseverance to make things right when the 7155" deal goes awr$ before he asks forgiveness to &innie2 !acob "oore(s #assion for work goes with his obsession to fund 7155" to a fusion #ro8ect he so believes could change the energ$ crisis of the world2 !acob "oore(s res#ect for *ouis +abel fuels his avenge to .retton !ames in memor$ of +abel(s death2 ()) &innie Gekko(s defiance to his father and the financial trading #rofession roots from her lack of father figure as a child since Gordon was alwa$s out for work when she was growing u#2 &innie settles this dilemma when her father ultimatel$ gives the 7155" funding to the fusion #ro8ect of !acob2 (-) .retton !ames( commitment to bring his com#an$ u# goes with making ill gossi#s to the demise of ,eller +abel2 This is resolved b$ close scrutin$ on !ames b$ the government and !acob(s astute research on his #rofile and his misdeeds2 REFLECTIONS "$ reflections are rooted from the following #remises: (1) that financial #rofessionals are confronted both b$ the need to raise com#an$ status to the demise of ethical standards; ( ) that financial institutions ma$ work irreverent of what is moral and ethical; and (%) that those who have funds for ca#itali1ation are easil$ accommodated in the trading world2 The first #remise is on how financial #rofessionals are confronted both b$ the need to raise com#an$ status to the demise of ethical standards2 ;n$ #rofessional' as in this case #ro#rietar$ trader' is res#onsible of administering his duties outlined in the 8ob descri#tion and of carr$ing the name and re#utation of the com#an$ he is serving2 <ence b$ all means #ossible' legal in as much wanted or otherwise' a #rofessional shall do his best to #ursue his functions2 6et there are several times that in the #ursuit on to#' several #eo#le are ste##ed u#on which ma$ be legal' $et intros#ectivel$ unethical2 <ence' it is alwa$s within the #rofessional to either succumb to the tem#tation of es#ionage onl$ to rise above' or to #la$ the game fair and s=uare2 ; strong educational formation both on skills and morals - among #rofessionals could address the looming #roblem of ethics that surge the meltdown of billion dollar com#anies worldwide2 The second #remise is on how financial institutions can be irreverent of what is moral and ethical2 ;s o##osed to the first #remise' the second one argues on how the institution views ethics #er se rather than how its constituents - the em#lo$ees themselves - view the matter2

The to# management alwa$s has the #rime res#onsibilit$ to set the working climate b$ setting ma8or #olicies2 >thics is either ex#licit or im#licit to the core of the com#an$(s #olicies2 ?t is recommended that to# management #ush the im#ortance of ethics to a much higher ground bearing in mind that its em#lo$ees must address efficienc$ without su##ressing others2 The third #remise is on how those who have funds for ca#itali1ation are easil$ accommodated in the trading world2 ?t is =uite a##alling that Gordon Gekko had started business irreverent of the fact that his ca#itali1ation was ill-conceived2 0everal accounts around the world bear the ill-gotten wealth of corru#t #eo#le2 These #eo#le rel$ on these financial institutions( strict secrec$ #olicies to the demise of governments( efforts to se=uester these ill-gotten wealth2 <ence there is a need for financial institutions to #ut delineation of as to how far secrec$ should go2 ; financial institution should in a wa$ or the other hel# governments seek for truth and not tolerate the ill #ractices of corru#t #eo#le2 6et amidst all efforts to make truthful financial #ractices' the fact remains that mone$ irreverent of where it is from is still mone$' and #eo#le flock where the grace abounds2 The =uest for clean use and administration of mone$ still needs a long wa$ to go2 /@A/*B0?@A Therefore' &allstreet: "one$ Aever 0lee#s #resents an interwoven stor$ of conflicts about romantic relationshi#s' famil$ life' ethics and the financial world #er se2 There is one cause that gave multi#le effects' and one solution that concluded it all mone$2 ?t all boils down to the reali1ation that the use and administration of mone$ relies dee# with ethics the values s$stem that drives #rofessionals and institutions to concede to fair #la$2 The road to clean games on mone$ is still far from truth' and onl$ when there is a higher' generall$ acce#table and stronger set of ethical standards among other factors that the financial world could o#erate at best - that would soon lead to strong' #liant economies worldwide2