Originally Posted by
V-Jet
And it won’t be. Self enrichment and chasing Asian LCC windmills (which would have been themselves spun off) have destroyed what could have been.
I saw video years ago of a Drexel Burnham Lambert Christmas party (they did good parties) featuring the band ‘Starship’ playing a feature ‘We built this city on high yield bonds’.
If you liked the movie, you'll love the books...
by Connie Bruck and
by James B Stewart outlining the King of junk, Milkin and his collection of pliant raiders & inside traders.
Listen carefully to Gordon Gekko in Wall Street, that's the voice of Milkin, Boesky & his ilk on how it was done. Oliver Stone's father was a stock broker and he wrote one of the most deceptively intricate inside stories on how egregious business had become in the 1980's.
Since then it has only become more refined and white collar crime has been decriminalised [Corporations are now so big they represent a "Systemic Risk" to the system and therefore can't be touched]. Stone was a genius, historians only caught up to him much later.