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Money Never Sleeps
''Wall Street: Money Never Sleeps'' (also known as ''Wall Street 2'' or ''Wall Street 2: Money Never Sleeps'') is a 2010 American drama film directed by Oliver Stone, a sequel to ''Wall Street'' (1987). It stars Michael Douglas, Shia LaBeouf, Josh Brolin, Carey Mulligan, Frank Langella, Susan Sarandon, and Eli Wallach in his final movie role. The film takes place in New York City, 23 years after the original, and revolves around the 2008 financial crisis. Its plot centers on a supposedly reformed Gordon Gekko, played by Douglas, and follows his attempts to repair his relationship with his daughter Winnie (Mulligan), with the help of her fiancé, Jacob Moore (LaBeouf). Principal photography took place in New York City between September and November 2009. After having its release date moved twice, ''Money Never Sleeps'' was released theatrically worldwide on September 24, 2010, by 20th Century Fox. Prior to its official release, many journalists connected to the financial indust ...
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Oliver Stone
William Oliver Stone (born September 15, 1946) is an American film director, producer, and screenwriter. Stone won an Academy Award for Best Adapted Screenplay as writer of '' Midnight Express'' (1978), and wrote the gangster film remake '' Scarface'' (1983). Stone achieved prominence as writer and director of the war drama ''Platoon'' (1986), which won Academy Awards for Best Director and Best Picture. ''Platoon'' was the first in a trilogy of films based on the Vietnam War, in which Stone served as an infantry soldier. He continued the series with '' Born on the Fourth of July'' (1989)—for which Stone won his second Best Director Oscar—and '' Heaven & Earth'' (1993). Stone's other works include the Salvadoran Civil War-based drama '' Salvador'' (1986); the financial drama ''Wall Street'' (1987) and its sequel '' Wall Street: Money Never Sleeps'' (2010); the Jim Morrison biographical film ''The Doors'' (1991); the satirical black comedy crime film '' Natural Born Killers' ...
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20th Century Fox
20th Century Studios, Inc. (previously known as 20th Century Fox) is an American film studio, film production company headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as a film production arm of Walt Disney Studios (division), Walt Disney Studios, a division of The Walt Disney Company. Walt Disney Studios Motion Pictures distributes and markets the films produced by 20th Century Studios and Walt Disney Studios Home Entertainment (Buena Vista Home Entertainment) distributes the films produced by 20th Century Studios in home media under the 20th Century Studios Home Entertainment banner. For over 80 years – beginning with its founding in 1935 and ending in 2019 (when it became part of Walt Disney Studios), 20th Century Fox was one of the then Major film studio, "Big Six" major American film studios. It was formed in 1935 from the merger of the Fox Film, Fox Film Corporation and Twentieth Century Pictures and was originally known ...
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Fusion Power
Fusion power is a proposed form of power generation that would generate electricity by using heat from nuclear fusion reactions. In a fusion process, two lighter atomic nuclei combine to form a heavier nucleus, while releasing energy. Devices designed to harness this energy are known as fusion reactors. Research into fusion reactors began in the 1940s, but as of 2022, only one design, an inertial confinement laser-driven fusion machine at the US National Ignition Facility, has conclusively produced a positive fusion energy gain factor, i.e. more power output than input. Fusion processes require fuel and a confined environment with sufficient temperature, pressure, and confinement time to create a plasma in which fusion can occur. The combination of these figures that results in a power-producing system is known as the Lawson criterion. In stars, the most common fuel is hydrogen, and gravity provides extremely long confinement times that reach the conditions needed for fusion ...
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Proprietary Trading
Proprietary trading (also known as prop trading) occurs when a trader trades stocks, bonds, currencies, commodities, their derivatives, or other financial instruments with the firm's own money (instead of using depositors' money) in order to make a profit for itself. Proprietary trading can create potential conflicts of interest such as insider trading and front running. Proprietary traders may use a variety of strategies such as index arbitrage, statistical arbitrage, merger arbitrage, fundamental analysis, volatility arbitrage, or global macro trading, much like a hedge fund. Many reporters and analysts believe that large banks purposely leave ambiguous the proportion of proprietary versus non-proprietary trading, because it is felt that proprietary trading is riskier and results in more volatile profits. Arbitrage One of the main strategies of trading, traditionally associated with banks, is arbitrage. In the most basic sense, arbitrage is defined as taking advantage of ...
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Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabi ...
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Securities Fraud
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws."Securities Fraud Awareness & Prevention Tips
faq by FBI, accessed February 11, 2013
Securities fraud can also include outright theft from investors ( embezzlement by stockbrokers),
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Insider Trading
Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider information is illegal. This is because it is seen as unfair to other investors who do not have access to the information, as the investor with insider information could potentially make larger profits than a typical investor could make. The rules governing insider trading are complex and vary significantly from country to country. The extent of enforcement also varies from one country to another. The definition of insider in one jurisdiction can be broad, and may cover not only insiders themselves but also any persons related to them, such as brokers, associates, and even family members. A person who becomes aware of non-public information and trades on that basis may be guilty of a crime. Trading by specific insiders, such as employees, is commo ...
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Corporate Raid
In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to the desires and practices of the corporation's current management. The measures might include replacing top executives, downsizing operations, or liquidating the company. Corporate raids were particularly common between the 1970s and the 1990s in the United States. By the end of the 1980s, management of many large publicly traded corporations had adopted legal countermeasures designed to thwart potential hostile takeovers and corporate raids, including poison pills, golden parachutes, and increases in debt levels on the company's balance sheet. In later years, some corporate raiding practices have been used by " activist shareholders", who purchase equity stakes in a corporation to influence its board of directors and put public pressure ...
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Box Office
A box office or ticket office is a place where tickets are sold to the public for admission to an event. Patrons may perform the transaction at a countertop, through a hole in a wall or window, or at a wicket. By extension, the term is frequently used, especially in the context of the film industry, as a synonym for the amount of business a particular production, such as a film or theatre show, receives. The term is also used to refer to a ticket office at an arena or a stadium. ''Box office'' business can be measured in the terms of the number of tickets sold or the amount of money raised by ticket sales (revenue). The projection and analysis of these earnings is greatly important for the creative industries and often a source of interest for fans. This is predominant in the Hollywood movie industry. To determine if a movie made a profit, it is not correct to directly compare the box office gross with the production budget, because the movie theater keeps nearly hal ...
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New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, educa ...
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Gordon Gekko
Gordon Gekko is a composite character in the 1987 film ''Wall Street'' and its 2010 sequel '' Wall Street: Money Never Sleeps'', both directed by Oliver Stone. Gekko was portrayed by actor Michael Douglas, whose performance in the first film won him an Oscar for Best Actor. Co-written by Stone and screenwriter Stanley Weiser, Gekko is said to be based loosely on several actual financiers, including Stone's own father Louis Stone and corporate raider Asher Edelman. According to Edward R. Pressman, producer of the film, "Originally, there was no one individual who Gekko was modeled on", but added that "Gekko was partly Milken", who was the " Junk Bond King" of the 1980s. Gekko's "Greed is good" speech was influenced by a commencement address given by Ivan Boesky for the University of California, Berkeley School of Business, May 1986, where he commented on the beneficial side of greed. In 2003, the American Film Institute named Gordon Gekko No. 24 on its Top 50 movie villains o ...
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Financial Crisis Of 2007–2010
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitab ...
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