Nobody downloaded yet

Wall Street Film - Essay Example

Comments (0) Cite this document
Summary
There are three important ethical issues faced by both the characters in the movie Wall Street. Probably, the most significant and important ethical issue highlighted in the movie is that of the greed which derives other ethical dilemmas for both the characters. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.2% of users find it useful
Wall Street Film
Read TextPreview

Extract of sample "Wall Street Film"

Download file to see previous pages Greed to earn more and achieve the fame and fortune forces Bud Fox and Garden Gekko to actually start to prefer self over the family and indulge into actions which may be against the law. Garden Gekko openly said that greed is good, thus, giving the impression that earning money regardless of whether it comes from ethical ways is always a good thing to do in life. The movie shows that the characters deliberately broke the law and engaged into activities which were detrimental to the interests of others. The ethical issues highlighted also indicates as to how Bud Fox was lured into doing business with Garden Gekko and over the period of time lost his innocence and concerns for the rule of law and abiding the principles laid down by SEC. As things move on, Bud Fox seems to involve his friends also in the process of making money. This has shown that instinctively, being professionals, we can bet on the money of those who supported us in difficult times; as such, our relationships may become driven more by the money rather than the feelings of love and compassion which as individuals fee for each other in our relationships. The ethical failings of Bud and Gekko may be in their tendency to be lured away by earning more money and in that process of earning more money lose sight of what is right and what is wrong. ...
Best consequences always suggest that actions should be such that they are helpful and maximize utility for most number of people. Accordingly, any action which is considered to bring more happiness or bring greatest good is considered as an ethical and moral action regardless of the actual consequences. Utilitarianism however, counts those acts as unethical which are done in a manner that can provide maximum utility to individuals and create harm for others. The notion of greatest good for the greatest number of people, therefore, prevails in utilitarianism, as well as how individual and collective actions should be driven ethically. (Ferrell, Fraedrich and Ferrell) The situation described in the movie clearly indicates that the actions of both characters are actually offering greatest happiness to them only. This limits the positive consequences of their actions to themselves only, whereas the negative consequences of their actions are spilled over to the general public. The way financial institutions are managed and the kind of speculative activities are taking place indicate that financial managers may be taking bets rather than calculated risks. Taking bets without actually involving rational, prudent and conservative investment approach results into greater losses for the investors and the society as a whole. Using utilitarian approach, therefore, outlines that the characters actually engaged into activities which were speculative in nature and were detrimental to not only the financial services industry as a whole but for the society in general also. The current financial meltdown is often considered as the result of the imprudent actions ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Wall Street Film Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/business/1453589-wall-street-film
(Wall Street Film Essay Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/business/1453589-wall-street-film.
“Wall Street Film Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1453589-wall-street-film.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Wall Street Film

Occupy Wall Street Movement

...?Joongsuk Jin Dawna Kemper English 27 January The Occupy Wall Street Movement – Is the Demand for Equal Educational Opportunities toEnsure Economic Equality Justified? The Occupy Wall Street (OWS) movement began on September 17, 2011 as a small uprising of several thousand people gathered on New York City's Wall Street. The movement, which initially took off as a local one, went on to expand exponentially across hundreds of cities in the US, inciting equally vigorous movements around the world. The reason for such a rapid growth of the movement stems from the accumulated grievance of the people all over the world at economic and social...
10 Pages(2500 words)Research Paper

Occupy Wall Street Movement

...? Occupy Wall Street movement Task: Occupy Wall Street movement Introduction Income disparities have heightened with economicrecession and unequal wealth allocation globally. These factors undermine the livelihoods of a mainstream of the world’s populace. The variations between the rich and the poor form the central peak for the “Occupy Wall Street” (OWS). The OWS is a movement for enabling technical support to resistance movements. It began in September 2011 and has spread widely since its inception. Its tenets fight against the socio-economic domination by multinationals, corporations, banks, insurance and large businesses (Vag, 2011)....
6 Pages(1500 words)Research Paper

Occupy Wall Street Movement

...? Occupy Wall Street Movement The movement The Occupy Wall Street Movement is a movement which is backed by strong power of the common mass of the United States of America. The movement started on September 17, 2011 in the Liberty square in the financial district of Manhattan. A diffused group of activists initiated this movement with a small organized protest in a privately owned park, Zucotti Park in New York’s financial district. The movement provided a strong action of protest against the greed of the multinational corporate companies, social inequalities as well as the coercive exercises of the powerful banks over the democratic processes (Occupy Movement...
5 Pages(1250 words)Essay

Occupy Wall Street Movement

...OCCUPY WALL STREET MOVEMENT The foundation of today’s America stands on the foundation pillars of urge for freedom of religion and self reliance. Many of the Americans and their ancestors died in the two world wars. After the wars, they cheered and started rebuilding the devastated city. The fact that history repeats itself is evident when the teacher who taught the youth the government spins and thus encouraged them to fight for their rights. Many of the American youth have now started protesting and fight for their rights. Occupy Wall Street Movement is one of such fights for the right. Occupy Wall Street Movement A...
6 Pages(1500 words)Assignment

Doug Henwood's Wall Street

...This research paper reviews Doug Henwood book "Wall Street" and compare his opinion the then years after the book was published. The paper will briefly present Henwood's explanation of the players, instruments and market models of the U.S. stock market. His opinion on the efficiency of the U.S. stock market will also be presented. Relevant theories from different economists will be presented and compared with Henwood's point of view in respective issues. Final section of the paper will review Henwood's idea of what to be done to fix the U.S. financial system. 1. Introduction: Today U.S. media is full of stories of permanent prosperity and stock market new records. Doug Henwood challenges these success...
20 Pages(5000 words)Book Report/Review

Occupation Wall Street

...Occupation Wall Street Number: of the Organization and Its Geographical Location Occupy Wall Street may not be fit to be referred to as an organization, since it does not have the hierarchical setup that governs relationships within its rank and file. Known by its short form as OWS, Occupy Wall Street refers to a spate of protests that started on September 17th 2011. The main issues that the protests centered on are corruption, unemployment, greed, undue influence that corporations have on the government and other manifestations of social inequality. Occupy Wall Street took place in New York City,...
3 Pages(750 words)Essay

Occupy Wall Street Movement

... Occupy Wall Street Movement Introduction Occupy Wall Street (OWS) has been referred to a movement which was instigated on the 17th of September, 2011 from New York City’s Wall Street and is still in the process of continuation. The protest is generally marched towards better corporate facility services, political influences, proper income distributions and reduction in the involvement of corruption pertinent to the political environment currently prevailing in the US (Pickerel, Jorgensen, & Bennett, 2002). Emphasizing on the continuing movement of OWS, the discussion in this paper will propose to elaborate on the moral as well as the...
5 Pages(1250 words)Essay

Wall Street Journal

...Kohls Earnings Hurt by Markdowns Executive Summary Several factors determine the success of any business. This paper is basically an analysis of an article on the Wall Street Journal on how Kohl’s Corporation Department Store earnings were affected by markdowns. In fact, due to the markdowns, the profits for the company fell by 17% where its operator margin cleared out inventories as a result of markdowns. This organization’s failure was as a result of the organization falling short on capitalizing on several issues. The paper also explores two primary bases for accounting for inventories which are critical in business management and accounting, and relates them to this company’s case. These bases are...
2 Pages(500 words)Research Paper

Occupy Wall Street Movement

... to mobilize more people, though the movement is still alive especially in the Unites States. References Gilder, Sarah Ruth. This changes everything Occupy Wall Street and the 99% Movement. San Francisco: Berrett-Koehler Publishers, 2011. Print. Gaviria, M. & Smith, M. Money. Power and Wall Street: Part One. Frontline, 2012. Film McMillan, Stephanie. The beginning of the American fall: a comic’s journalist inside the Occupy Wall Street Movement. New York: Seven Stories Press, 2012. Print.... OCCUPY WALL STREET MOVEMENT ASSIGNMENT REG.NO: Introduction “Occupy Wall Street movement” was started in the UnitedStates of America to protest against the financial and social issues...
2 Pages(500 words)Essay

Occupy Wall Street

...Literature Occupy Wall Street Occupy Wall Street is a movement that evolved in the year when the majority poor in New York rose up against the dominance of the rich. They identify themselves as the minority 99% who suffer from the exploitation of the 1% rich who control the economy of the country (Bellows 53). The movement started by absconding taxes in what they termed as new move to prevent the government’s ability to participate in the oppression of the poor. They felt that despite their loyalties to pay government tax, the government used the money to develop oppressive laws that contributed to lack unemployment, corruption and rise in the poverty levels in the...
2 Pages(500 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Wall Street Film for FREE!

Contact Us