<i>Goodbye Gordon Gekko</i>

Anthony Scaramucci, founder of SkyBridge Capital, doesn't think greed serves anyone, and he's so disgusted with it and what's happening on Wall Street that he's written a book.
This post was published on the now-closed HuffPost Contributor platform. Contributors control their own work and posted freely to our site. If you need to flag this entry as abusive, send us an email.

2010-07-30-Scaramucci.jpg

Here's the scene. You're in the interior of a large, and loud institutional brokerage firm. It's utter mayhem and organized chaos, with paper flying and Institutional salespeople shouting over one another and at each other. One of the administrative assistants picks up a call and shouts...

"Call for you Buddy. Pick up line 2..."
"Bud Fox," the young man says matter-of-factly, but hopefully.
"OK Bud Fox, I want you to buy 20,000 Bluestar at 15 1/8 - 3/8 tops," the man says spinning in his chair, coming face-to-face with the audience. "Think you can handle that?"
"Yes sir Mr. Gekko, you won't regret this!"

And with that Buy order for Bluestar, Bud Fox sold his integrity to Gordon Gekko and with it any hope he'd have for a solid career - all for a measly ticket into the arena of 10-figure clients. He had great parents and a solid upbringing. So how can something like this happen?

Read the rest at MartinKronicle.

Popular in the Community

Close

What's Hot