Wednesday, August 19, 2009

EOC Week 6

I think that everyone has a different view of what they consider greed. Some people might think that a person that makes a six figure salary and doesn’t give back to the community a greedy person, but others might say that the person earned that money and they should use it to buy what they want, no matter how ridiculous or unnecessary it is. In the movie Wall Street greed is taken to an extreme, A company is taken over by a new CEO and he liquidates all of the assets within the first month of owning it and takes like 75 million dollars and destroys the company within the month. That means that he put all of the employees of the company out of work just for his own personal gain. That is taking it way too far.

The movie Wall Street has some similarities in today’s banking industry when it comes to greed, the COEs of the banks gave themselves huge bonuses while the banks were going under, people were losing their homes, and the economy was in a recession. In these cases greed is not good, because greed is what helped destroy these banks and the economy, if these people weren’t so greedy than the state of their businesses and the economy might be in better shape, Greed is not good.

Smath up doll George Bush

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