In 1988, Michael Douglas won an Oscar for playing Gordon Gekko in Oliver Stone's "Wall Street." On Wednesday, Douglas returned to the New York Stock Exchange to ring the closing bell and deliver a speech on behalf of The Windward School, where his children attend.
CAIRO — Two years after Egypt’s revolution began, the country’s schism was on display Friday as the mainly liberal and secular opposition held rallies saying the goals of the pro-democracy uprising have not been met and denouncing Islamist President Mohammed Morsi.
With the anniversary, Egypt is definitively in the new phase of its upheaval.
Here is a guaranteed way to get paid well if you work on Wall Street. Find a best friend at a competing bank or hedge fund and take opposite sides of the same large bet. In one year’s time one of you will have a huge profit and get paid well. The other person will have lost and perhaps be fired.
Today, New York's Office of the Comptroller put out its annual Wall Street compensation report for 2012. It's an important report because it gives the state and city and understanding of what kind of tax revenue they can expect from some of the city's highest earners.
One of the common complaints about Wall Street is that it sucks up a lot of Ivy League talent that could be going toward more productive endeavors. The common assumption is that the students are just following the money. But, my friend, an anonymous Harvard graduate who spent some time on Wall Street says that's not always the case. An edited transcription of our conversation follows:
You went to Harvard. Then what happened?