The richest one percent of this country owns half our country’s wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It’s bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you’re not naive enough to think we’re living in a democracy, are you buddy? It’s the free market. And you’re a part of it. You’ve got that killer instinct. Stick around pal, I’ve still got a lot to teach you.
If you need a friend, get a dog.
Well, I appreciate the opportunity you’re giving me Mr. Cromwell as the single largest shareholder in Teldar Paper, to speak. Well, ladies and gentlemen we’re not here to indulge in fantasy but in political and economic reality. America, America has become a second-rate power. Its trade deficit and its fiscal deficit are at nightmare proportions. Now, in the days of the free market when our country was a top industrial power, there was accountability to the stockholder. The Carnegies, the Mellons, the men that built this great industrial empire, made sure of it because it was their money at stake. Today, management has no stake in the company! All together, these men sitting up here own less than three percent of the company. And where does Mr. Cromwell put his million-dollar salary? Not in Teldar stock; he owns less than one percent. You own the company. That’s right, you, the stockholder. And you are all being royally screwed over by these, these bureaucrats, with their luncheons, their hunting and fishing trips, their corporate jets and golden parachutes.
Teldar Paper, Mr. Cromwell, Teldar Paper has 33 different vice presidents each earning over 200 thousand dollars a year. Now, I have spent the last two months analyzing what all these guys do, and I still can’t figure it out. One thing I do know is that our paper company lost 110 million dollars last year, and I’ll bet that half of that was spent in all the paperwork going back and forth between all these vice presidents. The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated. In the last seven deals that I’ve been involved with, there were 2.5 million stockholders who have made a pretax profit of 12 billion dollars. Thank you. I am not a destroyer of companies. I am a liberator of them! The point is, ladies and gentleman, 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. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA. Thank you very much.
I don’t throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought.
Money never sleeps, pal. Just made 800,000 in Hong Kong gold. It’s been wired to you. Play with it. You’ve done good, but you gotta keep doing good. I’ve showed you how the game works. Now School’s out.
No, no, no, no. You don’t understand. I wanna be surprised. Astonish me, pal. New info. I don’t care where or how you get it, just get it. My wife tells me you made a move on Darien. Well, here some inside info for you: That euro-flash G.Q.-type she’s going out with has got big bucks, but he’s putting her feet to sleep. Exit Visas are imminent, so I don’t want you losing your place in line.
Ah, Jesus. I wish you could see this. Light’s coming up. I’ve never seen a painting that captures the beauty of the ocean at a moment like this. I’m gonna make you rich, Bud Fox. Yeah. Rich enough, you can afford a girl like Darien. This is your wake-up call, pal. Go to work.
The point is ladies and gentlemen that greed, for lack of a better word, is good.
Sand bagged me on Bluestar huh? I guess you think you taught the teacher a lesson that the tail can wag the dog huh? Well let me clue you in, pal. The ice is melting right underneath your feet.
Did you think you could’ve gotten this far this fast with anyone else, huh? That you’d be out there dicking someone like Darien? No. You’d still be cold calling widows and dentists tryin’ to sell ’em 20 shares of some dog shit stock. I took you in.
A NOBODY!
I opened the doors for you! Showed you how the system works! The value of information! How to *get it*! Fulham oil! Brant resources! Geodynamics! And this is how you fucking pay me back you COCKROACH?
I GAVE you Darien. I GAVE you your manhood. I gave you EVERYTHING!
You could’ve been one of the great ones Buddy. I looked at you and saw myself. Why?ou see that building? I bought that building ten years ago. My first real estate deal. Sold it two years later, made an $800,000 profit. It was better than sex. At the time I thought that was all the money in the world. Now it’s a day’s pay.
You and I are the same, Darien. We are smart enough not to buy in to the oldest myth running; love. A fiction created by people to keep them from jumping out of windows.
It’s not a question of enough, pal. It’s a zero sum game, somebody wins, somebody loses. Money itself isn’t lost or made, it’s simply transferred from one perception to another.
I’m talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.
This is the kid, calls me 59 days in a row, wants to be a player. There ought to be a picture of you in the dictionary under persistence kid.
Bet you worked all night researching that dog stock you sold me, and look where it got you? My father worked like an elephant selling electrical equipment until he keeled over at 49 from a massive heart attack and tax bills.
I’m gonna make you rich, Bud Fox.
I want to know where he goes, what he sees, I want you to fill in the missing pieces of the puzzle.
