Friday, December 9, 2011

Protecting the Gordon Gekkos

As a reminder, Gordon Gekko was Oliver Stone's "greed-is-good" character in the movie "Wall Street", and today we get a look at a "real-life Gordon Gekko" courtesy of Paul Krugman.

Krugman provides a critical look at the Gordan Gekkos (aka "job creators") the Republicans wish to proclaim saints.

Moreover, Krugman informs us that there is a "45 percent chance that a real-life Gordon Gekko will be the next Republican presidential nominee" -- Mitt Romney.

According to CNN (via The Huffington Post), one of Mr. Romney's Republican competitors notes the Gordon Gekko-Mitt Romney connection.  Jon Huntsman remarked that: 

"Anyone who is in the hip pocket of Wall Street because of all the donations they are picking up, like Mr. Romney, is in these days not going to be the change agent who is going to fix the too-big-to-fail banking system." 

You can read more about Krugman's "real-life Gordon Gekko" in The New York Times column, "All the G.O.P.’s Gekkos."

Krugman, Paul. "All the G.O.P.’s Gekkos."  The New York Times 8 December, 2011: online edition.

Oliver Stone's "Wall Street":

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