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Gere passed on the role. The film was well received among major film critics. 1980s success, with Douglas’ character declaring that “greed is good. It has also proven influential in inspiring people to work on Wall Street, with Sheen, Douglas, and Stone commenting over the years how people still approach them and say that they became stockbrokers because of their respective characters in the film. After calling Gekko’s office 59 days in a row trying to land an appointment, Bud visits Gekko on his birthday with a box of Gekko’s favorite, contraband Cuban cigars. Impressed at his sheer boldness, Gekko grants Bud an interview.
Intrigued, Gekko tells Bud he will think about it, but also that he ” at a hundred deals a day,” but ” one. A dejected Bud returns to his office. However, Gekko places an order for Bluestar stock and becomes one of Bud’s clients. Gekko gives Bud some capital to manage, but the other stocks Bud selects lose money. Bud learns that Wildman is making a bid for a steel company.
Through Bud’s spying, Gekko makes big money, and Wildman is forced to buy Gekko’s shares off him to complete his takeover. Bud pitches a new idea to Gekko: buy Bluestar Airlines and expand the company, with Bud as president, using savings achieved by union concessions and the overfunded pension. Even though Bud is unable to persuade his father to support him and Gekko, he is able to get the unions to push for the deal. Soon afterward, Bud learns that Gekko plans to dissolve the company and sell off Bluestar’s assets in order to access cash in the company’s pension plan, leaving Carl and the entire Bluestar staff unemployed. Although this would leave Bud a very rich man, he is angered by Gekko’s deceit and racked with the guilt of being an accessory to Bluestar’s impending destruction, especially after his father suffers a heart attack.
Bud resolves to disrupt Gekko’s plans, and breaks up with Darien when she refuses to go against Gekko, her former lover. Bud devises a plan to drive up Bluestar’s stock before manipulating it back down. Bluestar at a significant discount. Gekko, realizing that his stock is plummeting, dumps his remaining interest in the company on Bud’s advice.
However, when Gekko learns on the evening news that Wildman is buying Bluestar, he realizes that Bud has engineered the entire scheme. Bud triumphantly goes back to work at Jackson Steinem the following day, only to be arrested for insider trading. Gekko physically assaults Bud as he berates him for his role with Bluestar and accuses him of ingratitude for several of their illicit trades. He turns the wire tapes over to the authorities, who suggest that he may get a lighter sentence in exchange for helping them make a case against Gekko.
Carl tells him he did right in saving the airline. The film ends with Bud going up the steps of the courthouse, knowing that while he is likely going to prison and his career is ruined, he now has a clear conscience. During a story conference, Stone suggested making a film about Wall Street instead. The filmmaker knew a New York businessman who was making millions and working long days putting together deals all over the world.
This man started making mistakes that cost him everything. And in the third act, he sets out to redeem himself”. Weiser found that its story did not mix well with their own. Originally, the lead character was a young Jewish broker named Freddie Goldsmith, but Stone changed it to Bud Fox to avoid the stereotype that Wall Street was controlled by Jews. For example, the “Greed is good” line was based on a speech by Boesky where he said, “Greed is right”. According to Weiser, Gekko’s style of speaking was inspired by Stone. When I was writing some of the dialogue I would listen to Oliver on the phone and sometimes he talks very rapid-fire, the way Gordon Gekko does”.
Stone set the film in 1985 because insider trading scandals culminated in 1985 and 1986. Bud Fox, but the director had already committed to Charlie Sheen for the role. Stone liked the “stiffness” of Sheen’s acting style and used it to convey Bud’s naivete. Gekko, but he was not interested. Stone remembers, “I was warned by everyone in Hollywood that Michael couldn’t act, that he was a producer more than an actor and would spend all his time in his trailer on the phone”. Nevertheless, Stone found out that “when he’s acting he gives it his all”. Stone said that he saw “that villain quality” in Douglas and always thought he was a smart businessman.