Money Laundering: Film Analysis

1046 Words 5 Pages
1. Gordon Gekko, a man that is sentenced to jail for money laundering, comes out eight years later and finds himself with alone. He is in love with money and finds a way to get his millions that he once had, when Jake Moore (his daughters fiancée comes to him. Jake wants to take revenge for his mentors death, Gordon takes advantage of this and becomes and ally. Gordon gains Jakes trust and pretends to help him by telling him where to find a large amount of money. He tricks Jake and takes the money for himself and becomes a millionaire once more. (8)
2. Money Laundering: it is the act of obtaining money illegally and then putting that money into a bank account in another country or invest that money into a business in another country. Gordon Gekko went to jail for money laundering. Money laundering can occur in many ways but in the corporate work money laundering usually
…show more content…
The fact that Jake wins, symbolises a turning point in the movie and Bretton is no longer the best, it shows that as a person Jake is a better one and Jake is going to end Bretton’s reign. (7)
10. No it is not ethical to bail out private companies with the countries taxes. Firstly taxes are used to improve the country to the benefit of a citizens and taxes should not be used for any other purpose. Secondly it is unethical to save people that are in trouble because they took too much of a risk, they chose to do it the risky way and they must pay the consequences. However, in the movie Wall Street Money Never Sleeps, the government had to bail out those companies because thousands of citizens’ jobs were at stake but despite this it still does not make it ethical.
11. Debt Leverage: when a company wants to increase the volume of their production they lend money and because the production volume is increased with the borrowed money, the earnings and sales will increase. (1) Hedge Fund: it is an investment partnership that is extremely risky, it involve huge leverage in order to increase

Related Documents