Hypocrisy on Wall Street

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“Greed is a fat demon with a small mouth and whatever you feed it is never enough,” a quote by Janwillem van de Wetering points out the unnecessary evil of greed itself, as it can never be fed. Just as Bud Fox keeps asking Gordon Gekko, “How much is enough?” The answer is, there never is. Greed is the bottomless pit that has enveloped not only a fictitious character in the movie Wall Street, but also even America’s little “Suzy Homemaker”, Martha Stewart.

Martha and Gordon Gekko are both prominent in the corporate business world. It is the hot seat for the root of evil, as it has already been mentioned, greed. Once “success” has been tasted, it never tires, as everyone wants more. “Success” being the one with the most money wins, but there is no money, it instead is the ongoing battle for who can report with the most gains, and claim that it’s “mine… all mine!”

Today, Martha may be meeting her very own demise. As the public eye finds that she seems to have been tossing more than salad, and her billion-dollar empire could possibly tumble down because of her stock selling timetable. Ironically it resembles Wall Street’s Gordon Gekko. As they seem to both hold the mentality “Nobody knows except us.” Quite, but you fail to remember an organization that would like to call themselves the SEC, formally known as the Securities and Exchange Commission.

The SEC officially indicts and charges both Martha and Gekko on the fact that the greedy wench and scumbag attempted to cheat the system by using confidential information not available to the public, hence securing an unfair advantage in buying securities. What they did is called “Insider Trading” and what it is, is illegal! Not only do these two get and react to “Insider Trading” they lie about it. In an attempt to safeguard them they throw up their hands and put on their sweetest smile, rather they should throw out their hands and be prepared for handcuffs. They have violated the law and the ethical trading standards, which are to be abided by everyone, and now they shall pay. As their empires crumble and wither away before their eyes we can only hope that the guilt of greed eats away at their heartless minds.




It is when people that are not only well known, but also even respected break the bonds of common trust in society that it erodes consumer confidence in the stock market. Instantaneously when insider trading is found out, the business or businesses involved lose money. For example, “Martha Stewart Omnimedia” lost approximately $400 million dollars ever since the criminal investigation began. Consumer confidence had been lost and it had paid its toll.

Common consumers don’t want to put their hard earned money into hands that could diminish their investment. It is already a risk to invest in the stock market, but the risk increases when “Wall Street sharks”- the rich and corporate raiders are now seen as predators and cheats. When trust is broken, the unfair advantage causes a domino effect of events and the costs outweigh the benefits as the infrastructure diminishes. As the public now views a value system that places money above anything else, the only thing to be seen is greed. Greed has corrupted and viciously destroyed our familiar morality.



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