Capacity, its never a good place to be, especially when you are in the president of the united states. Wow, carley. Great point. Look, Gordon Gecko was relevant nearly 40 years ago. I can quote Wall Street without a second thought, greed, for lack of a better word is good. Greed is right. Greed works. Clarifies, cuts through and captures the essence of the evolutionary spirit. Trust me outside of Shawshank Redemption its my alltime favorite Movie And Michael douglas was once a great an tore and played a president himself. I couldnt care less what 81yearold actual president if you look at poll after poll, believes should not be running for a second term, including a majority of democrats. So, its great that cnn had Michael Douglass on to assure us that Joe Biden is sharp as a tack. How often do they get together exactly . I havent seen any video of that
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greed is good. greed is right. greed works. [ applause ] auletta: when michael douglas, in the movie, said, greed is good, i mean, it was 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. brokaw: big companies gobbling up little companies. little companies gobbling up big companies. eight years ago, there were 1,500 corporate takeovers. last year, there were 4,000, involving $200 billion. aug: this type of deal is called a leveraged buyout. the company borrows the money using its assets as collateral for the loan. in return the company issues ious. because the deal is so risky, those ious carry very high interest rates, and they re called junk bonds. now, you may not have heard of michael milken
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the point is, ladies and gentlemen, greed is good. greed is right. greed works. greed clarifies through and catched the essence of evolutionary spirit. brian: let s ask youtuber himself, sebastian ghiorghiu. it s nice to might as well. what happened with your generation? i don t know, man, they don t want to make money. i was look for it since i was really young and it came my way one day. brian: when you group you didn t have nice things. my parents are from a communist country, romania, they immigrated here. we grew up in a bad situation. my parents were divorced.
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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 evolutionary spirit. brian: what s happened? let s have sebastian great to see you in person. nice to see you as well. what s happened with your generation? i don t know man they don t want to make money. how did you figure it out? you know what they say about luck it is where hard work meets opportunity so i was looking forward it since i was really young and came my way one day. you grew up and you didn t have nice things. describe your youth. not at all my parent are from rome romania and parents were divorced and unfortunately my mom away working she was doing her thing and i was growing up by myself but i remember one
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