Page 11 - RBS GRG F Teaching Note
P. 11

“The fact that these scandals have all occurred

                              since the crisis raises the uncomfortable possibility

                              that these problems go deeper than a few

                              executives in a few banks who push boundaries,

                              and involve something fundamental about how

                              the industry is organized.” (11)













                                                                              “The point is ladies

                                                                              and gentlemen that

                                                                              greed, for lack of a
                                                                              better word, is good”
                                                                                     Gordon Gekko,

                                                                                     Wall Street





                  Gordon Gekko: The point is, ladies and gentlemen, that greed, for lack
                  of a better word, is good. Greed is right. Greed works. Greed clarifies,
                  cuts through, and captures the essence of the evolutionary spirit. Greed,
                  in all of its forms, greed for life, for money, for love, knowledge, has

                  marked the upward surge in mankind and greed, you mark my words,
                  will not only save Teldar paper, but that other malfunctioning
                  corporation called the USA. Thank you very much.
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