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Analysis of the movie wall street
Analysis of the movie wall street
Analysis of the movie wall street
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In Martin Scorsese’s film The Wolf of Wall Street, there is a scene where Mr. Hanna, a veteran stock broker on Wall Street, shares his strategies with a young, rookie broker. While Mr. Hanna may appear as a greedy, crude, and ill-mannered individual, he shares what seems like a very exploitative way of working with his clients. Upon first watching the scene, Mr. Hanna, appears to be sly and devious; however, he sheds light on critical problems in our modern culture – misinformation, a lack of contentment, and mindless following. Mr. Hanna describes how his clients will blindly follow whatever he tells them so that they can continue to make more and more money. The clients will always listen to what he tells them, without making many of their own decisions. As Mr. Hanna says in the film, “…another stock to reinvest his earnings and then some; and he will every single time” (Wolf of Wall Street, The). While at first instinct, the blame may be put on the broker, Mr. Hanna, for being sneaky and misleading, the real problem is found in the client; the client wants to be
To follow is thesis, Postman primarily attributes this phenomenon to television and media and focuses on that side of the issue. He describes how television engages the audience by always offering something new and different, even though it may completely lack relevance or context. The media knows that the viewers will always want something new. He explains this problem by writing:
Of course, in television’s presentation of the ‘news of the day,’ we may see the ‘Now…this’ mode of discourse in its boldest and most embarrassing form. For there we are presented not only with fragmented news but news without context, without consequences, without value and therefore without essential seriousness (Postman
In conclusion, Jordon Belfort has had a major influence on today’s world. Belfort changed the way that people today see Wall Street and the world of stockbrokers. He lived at the top of the food chain but fell back to being “pond scum” (“The Wolf”). He even proved to all that a successful life isn't always the most perfect. Belfort served his time and is even a motivational speaker now. Now, Belfort is an example of how drastically one’s life can change within minutes, days, months, or
The novel Liars Poker by Michael Lewis is a very interesting firsthand account of an inside look into the investment banking world, in particular bond trading at the firm Solomon Brothers in the 1980s. Lewis took an interesting and roundabout way to end up on Wall Street, studying art history at Yale and bombing his interview with Lehman Brothers. But he eventually found himself at Solomon Brothers through a lucky encounter with two managing directors wives. Through his book, Michael Lewis conveys the inner workings of investment banks in the 1980s to the average person using his own experience at Solomon Brothers. The book goes into Lewis’s own rise in the firm, as well as the rise and fall of the entire Solomon Brothers Mortgage department.
In conclusion in the first chapter Neil Postman is trying to say that some people think that if they do not see it on TV then it did not happen nor will it happen. People believe that things that are worthy of paying attention to are on TV.Postman also argues that whether we see it or not in every piece of technology and medium we use an unseen quality. Postman concludes the chapter by saying that our languages are our media. Our media are our metaphors. Our metaphors create the content of our culture.
Not only were millions of Americans been put out of work due to these manager’s actions, the American financial markets themselves were pushed to the brink of collapse. Despite the fact that the global financial markets, in reality, are not perfectly efficient, there is a corrective mechanism built into the day-to-day trading in the market. When prices are driven down by large sells, either by large investors or a movement in a stock, there are usually new buyers for these stocks at the cheaper price. Managers of...
In “Reporting the News” by George C. Edwards III, Martin P. Wattenberg, and Robert L. Lineberry, the main idea is how the media determines what to air, where to get said stories that will air, how the media presents the news, and the medias effect on the general public. “Reporting The News” is a very strong and detailed article. The authors’ purpose is to inform the readers of what goes on in the news media. This can be inferred by the authors’ tone. The authors’ overall tone is critical of the topics that are covered. The tone can be determined by the authors’ strong use of transitions, specific examples, and phrases or words that indicate analysis. To summarize, first, the authors’ indicate that the media chooses its stories that will air
The image that TV gives to the world is not accurate which then is transformed into a generalization. Johnson recognizes that stereotypes have been nurtured by TV, but he pays more attention to the structure that can make a human more intelligent (278-279). He believes that TV’s demand has increased because of its complexity. He thinks that the masses have broken the common thought that says, “[T]he “masses” want dumb” (278). Instead, the demand of TV programming has increased because viewers are thinking more about the structure rather than following trends. He mentions that TV has become more realistic but at the same time more ambiguous. He claims, “[W]hat media have lost in clarity, they have gained in realism” (279). The reality presented in TV is the real world (279). In other words, Johnson believes that the complexity of TV programming has evolved so much that has helped the masses to make connections with the real life. He also claims that the ambiguity which presents negative content is having a positive impact in the society. However, it depends on the person’s thought
In his editorial "Words Triumph Over Images," Curtis Wilkie blames today’s media for being “reckless” and “a mutant reality show”. He believes that television and radio are “unfiltered”, which causes the quality of journalism for newspapers to be unmatched. Yet, it is unfair to label all media that is not print as lesser because the quality of any media relies on the viewers and the individual journalists, and in drastic situations like a hurricane, reporters may have many road blocks. Any of these aspects can affect the quality of journalism, which invalidates Curtis Wilkie’s claim.
Furthermore, he engaged the customer with an optimistic attitude and stated how the stock could affect him or her in the best way possible. Jordan could immediately hook any client into believing what he had to offer by providing the customer with the success stories others have had under his instruction.... ... middle of paper ... ... Works Cited Belfort, Jordan. The Wolf of Wall Street.
Rothman, Lily.”So, Does The Wolf Of Wall Street Glorify Greed Or Not?.” Time.Com (2014):1.Web. 18 Mar. 2014.
Michael Lewis’s The Big Short tells the tale of the 2008 financial crisis from the perspective of a few idiosyncratic characters that saw it coming. Unlike big financial institutions that underestimated the risk of increasingly extending subprime mortgage loans to uncreditworthy customers, Lewis’ characters gauged such risk accurately and anticipated the eventual burst of the housing bubble. Not only did they foresee the inevitable, but they also made a fortune by betting on its happening. Had they conformed to the public sentiment of extreme optimism and confidence in the stability of the real estate market, they would not have reaped immense monetary rewards. Between the lines of The Big Short, there lurks, albeit not too covertly, a message about the benefits of nonconformity. While conformity is often times socially encouraged and applauded, it is important to wonder at times whether going against the flow would be of greater benefit to us or our community. In Michael Lewis’s narrative, defiance of the status quo as a result of skepticism toward financial markets has yielded big payoff, whereas conformity to the widespread denial of the housing market’s unpredictability has incurred massive losses.
The stock market is an enigma to the average individual, as they cannot fathom or predict what the stock market will do. Due to this lack of knowledge, investors typically rely on a knowledgeable individual who inspires the confidence that they can turn their investments into a profit. This trust allowed Jordan Belfort to convince individuals to buy inferior stocks with the belief that they were going to make a fortune, all while he became wealthy instead. Jordan Belfort, the self-titled “Wolf of Wall Street”, at the helm of Stratton Oakmont was investigated and subsequently indicted with twenty-two counts of securities fraud, stock manipulation, money laundering and obstruction of justice. He went to prison at the age of 36 for defrauding an estimated 100 million dollars from investors through his company (Belfort, 2009). Analyzing his history of offences, how individual and environmental factors influenced his decision-making, and why he desisted from crime following his prison sentence can be explained through rational choice theory.
Vietnam veteran Travis Bicklea finds that his life has been turned upside down after returning America from the battle-field. He suffers from the insomnia and sense of isolation, which leads him to take a job as taxi-driver at night; many of his customers represent the people from the lowest class of society: prostitutes, adulterous husbands and wenchers. Since Travis has promised the cab company that he will drive anywhere, at anytime, his likelihood of seeing the best of human nature is fairly slim. So, he tries to create an extra-occupational life for himself. He befriends Betsy, a beautiful girl working at a Senator's campaign office. Unluckily, with on possession of the slightest amount of social skills, Travis takes her to a porn movie on their first date, so Betsy rejects him and refuses to see him anymore. Then another girl bumps into Travis¡¯s life. One day, a prepubescent prostitute who is desperately trying to escape from her pimp named Sport (Keitel). Travis is touched by her plight and resolves to assist her, despite her later unwillingness to cooperate. Meanwhile, Betsy refuses to accept his repeated attempts to apologize, and he begins to go psychotic under the force of various pressures. Travis purchases several semi-automatic guns, takes up a rigorous physical training, shapes his hair into a bristly-looking Mohawk, and decides to assassinate the candidate for whom Betsy is working. After his attempt to assassinate the senator failed, Travis then goes after Sport, killing him and a Mafioso who just happened to be in the wrong place at the wrong time in a spray of bullets. After this massacre, Travis tries to kill himself in Iris's room, but has wasted so many bullets that he has none left with which to commit suicide. Nevertheless, his bloodbath turns him into a media hero, and Betsy suddenly discovers an interest in him. In turn, Travis rejects her, and he drives off into the night toward an uncertain future.
Wall Street is a movie that exposes corruption and disguises all values, beliefs, and other ethical philosophy. Throughout the movie, Wall Street shows how ethics adapts to a person’s personality by power and wealth alongside honesty and truth. Bud Fox, a young stockbroker is looking for a way to make a name for himself. He is determined to get as many clients as he can to become successful. He later meets a ruthless man named Mr. Gekko where learns how to reach to the top by illegal actions such as insider trading. Bud Fox was an honest living man who had good ethics but was later showed what true power is became money hungry. The power of greed is fascinating the code that everyone lives by is inevitable once money comes into play. There are five types of interpersonal power; reward power, coercive power, legitimate power, referent power, and expert power. These types of power will be used to correspond relationships throughout the movie. In Wall Street we realize how Gordon Gekko uses Bud Fox for his benefit. In this paper I will show the types of powers that are used by Gordon Gekko and how they are used. One clear type of power that Gordon Gekko uses in his relationship with Bud Fox is the Referent power base. This power stands out because it is clear that Bud wants to become a top notch in the industry. Bud is striving to be successful when he exposes what he’s able to do at the meeting with Gordon Gekko he instantly become closer to his goals. There were scenes where Gordon had legitimate power. His knowledge and information was what made him rich. Bud Fox had to listen to what Gordon was telling him in order to become successful. This was an example of Gekko having legitimate power over Bud Fox. Expert power which is an ...
This movie starts off as Jordan Belfort, the main character in the movie, losing his job as a stockbroker in Wall Street. After losing his job, he goes and gets a job in a Long Island brokerage room. In the brokerage room, he sells penny stocks. Thanks to him being aggressive in his selling skills, he was able to make a profit. With the new income, he gives his wife a bracelet and she asked him why doesn’t he go after the people that can afford to lose money, not the middle-class people or lower income people. That is when he gets the idea to get a lot of young people and train them to become the best stock brokers.
Before being cultivated with cocaine and hookers as the key to success in Wall Street, Jordan Belfort demonstrated the incontrovertible advantages of positive business communications. One of which pertains to the effectiveness of corresponding with customers over the telephone. Especially for stockbrokers, having a conversation over the phone is pivotal when trying to sell a stock to a potential investor. Jordan Belfort begins his process with a potential client by stating his name, where he was from, and what he had to offer. This is a method of gaining the trust of a customer that he does not know. Furthermore, he engaged the customer with an optimistic attitude and stated how the stock could affect him or her in the best way possible. By providing the customer with onl...