Wall Street Money Never Sleeps Case Study

Question 1:
Wall Street: Money Never Sleeps follows the daily life of an ambitious investment banker, Jacob Moore and Gordon Gekko, a Wall Street legend sentenced to eight years in prison for security fraud and money laundering. In 2000, Gekko is released and finds that his only daughter, Winnie, would prefer to remain estranged than to be associated with her father and her family name. A further eight years later, Winnie is dating Jacob who is now working for his mentor Louis Zabel at Keller Zabel. Unfortunately, Keller Zabel takes a dramatic hit on the stock market due to false rumours and Louis Zabel is forced to turn to the Federal Reserve and is victim to a hostile takeover by investment bank partner Bretton James of Churchill Schwartz.
Gordon Gekko spent eight years in prison for money laundering, and when he gets out of prison he puts plans into the works in order to do the same thing. Towards the end of the film, Gekko makes Jacob aware that Winnie has a Swiss trust fund with a balance of 100 million dollars, the amount needed to finance his Fusion Energy Project. Jacob manages to persuade Winnie to sign the account over to him and once this is completed, Jacob tasks Gordon with getting the money into the United States unnoticed, money laundering. Money laundering is a big unethical issue as illegal money is integrated into financial systems and thus circulates within the
Public money is essentially the people’s tax money which should go towards bettering the roads, upgrading hospitals and schools and providing the poor with housing. Private companies therefore, should not be bailed out with the public’s money as these companies chose to be private and therefore have to bail themselves out of their financial situation. Private companies, do provide essential services to the public at a cost, this, however, does not make using public money to bail private companies out a financial situation