of the dialogue. greed is good. greed is right. greed works. [ applause ] when michael douglas said greed is good, there s a cartoon expression. but there s truth to it. there was a sense that it is okay to be greedy. it is okay to maximize your wealth. what i want to see above all is, that this country remains a country where someone can always get rich. big companies gobbling up little companies. little companies gobbling up big companies. eight years ago, there were 1500 corporate takeovers. last year there were 4,000 involving $200 billion. this kind of deal is called a leveraged buyout. the company borrows the money, using its assets as class collateral for the loan. the company issues ious. because it s so risky, those ious carry high interest rates, called junk bonds. you may not have heard of
a now film used his words. greed is good. greed is right. greed works. [ applause ] when michael douglas said greed is good, there s a cartoon expression. but there s truth to it. there was a sense that it is okay to be greedy. it is okay to maximize your wealth. what i want to see above all is, that this country remains a country where someone can always get rich. big companies gobbling up little companies. little companies gobbling up big companies. eight years ago, there were 1500 corporate takeovers. last year there were 4,000 involving $200 billion. this kind of deal is called a leveraged buyout. the company borrows the money, and the company issues ious. because it s so risky, those ious carry high interest rates, called junk bonds.
[ cheers and applause ] it s all right. a new found wall street used his words as a basis for some of the dialogue. greed is good. greed is right. greed works. [ applause ] when michael douglas said greed is good, there s a cartoon expression. but there s truth to it. there was a sense that it is okay to be greedy. it is okay to maximize your wealth. what i want to see above all is, that this country remains a country where someone can always get rich. big companies gobbling up little companies. little companies gobbling up big companies. eight years ago, there were 1500 corporate takeovers. last year there were 4,000 involving $200 billion. this kind of deal is called a leveraged buyout. the company borrows assemoney u
a now film used his words. greed is good. greed is right. greed works. [ applause ] when michael douglas said greed is good, there s a cartoon expression. but there s truth to it. there was a sense that it is okay to be greedy. it is okay to maximize your wealth. what i want to see above all is, that this country remains a country where someone can always get rich. big companies gobbling up little companies. little companies gobbling up big companies. eight years ago, there were 1500 corporate takeovers. last year there were 4,000 involving $200 billion. this kind of deal is called a leveraged buyout. the company borrows the money, using its assets at collateral for the loan.
himself akin to the fictional character in the movie wall street the infamous gordon gekko played by michael douglas. in my interview, douglas said that trump was an inspiration for the role of gordon gekko. i think i m a nice guy. i have a lot of wonderful relationships and even in business, i have a lot of wonderful relationships. gordon gekko was not big into the world of relationship. is greed good? no, greed is bad. greed is not good. i do it for fun. i love doing it. i love what i m doing. the expression that they used in the movie, greed is good, was an incredible expression. it was great for purposes of a movie, but impegreed is certain not good. we re going to get a chance in a couple minutes now, a couple of seconds, to talk to david cay johnston. you know, trump and i i ve been interviewing this fella, trump, for so many years. it s amazing, you know, back, to know him before he did the stuff