Apr
08
2008
Can Greed Be Good?
“The point is, ladies and gentlemen, that: greed, for lack of a better word, is good. Greed is right; greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit.” These were the words of Gordon Gekko delivered in the 1987 movie Wall Street, starring Michael Douglas. If you subscribe to Gordon Gekko’s point of view then it is not difficult to understand what happened to Bear Stearns. From my limited experience, I think greed can never be good!
(Photo Credit: Christopher Steer /iStockphoto)



