Published 2:53 pm EDT, Friday, March 29, 2019 Guitarist Adrian Belew is coming to the Wall Street Theater in Norwalk April 11 and Daryl’s House in Pawling, N.Y., April 14. Guitarist Adrian Belew is coming to the Wall Street Theater in Norwalk April 11 and Daryl’s House in Pawling, N.Y., April 14. Photo: Wall Street Theater Buy photo Photo: Wall Street Theater Image 1 of / 1 Caption Close Image 1 of 1 Guitarist Adrian Belew is coming to the Wall Street Theater in Norwalk April 11 and Daryl’s House in Pawling, N.Y., April 14. Guitarist Adrian Belew is coming to the Wall Street Theater in Norwalk April 11 and Daryl’s House in Pawling, N.Y., April 14. Photo: Wall Street Theater Buy photo … [Read more...] about Guitar wizard Adrian Belew coming to Wall Street Theater in Norwalk and Daryl’s House in Pawling, N.Y.
Wizard of wall street
Few movie characters were as "of their time" as Gordon Gekko. When he emerged, with his impeccable suits and slicked-back hair, in Oliver Stone's 1987 drama "Wall Street," the junk-bond wizard and corporate raider became a cultural touchstone, an iconic villain and a victory for Michael Douglas, who won an Oscar for playing him. Now, in "Wall Street: Money Never Sleeps," Gekko is back - and the era of "Greed is good" has caught up to him, says Stone. "We made this film consciously with the idea of making a story about the people changed by the recession," says the two-time Oscar-winner ("Platoon," "Born on the Fourth of July"). "However, there have been so many books written about the recession itself, the mechanics of it, we'd have been stuck in a time warp if we had focused [solely] on that. It was really a backdrop - for a story of love and trust and greed and betrayal - and that's why it was so effective." The movie, which takes place mostly in the summer of … [Read more...] about ‘Wall Street: Money Never Sleeps” Gordon Gekko continues homage to Oliver Stone’s father
Robert Scheer is the editor of Truthdig, where this article originally appeared. His latest book is The Pornography of Power: How Defense Hawks Hijacked 9/11 and Weakened America(Twelve). It is instructional that only one of the three tax-challenged Obama appointees has survived public scorn to retain a high position in the new administration. Oddly enough, it is Treasury Secretary Timothy Geithner, the man who will collect our taxes, whose career has not been stunted by his failure to pay them. What makes Geithner so special? The answer, provided by everyone from the president to the media pundits, is that his services are indispensable because he has the expertise in regulating markets needed to preside over the most massive government intervention in the economy. Are they kidding? Both in his years in the Clinton treasury and as chair of the New York Federal Reserve Bank, Geithner has been paving the way for a runaway Wall Street. Nor has he changed his ways, as was evidenced … [Read more...] about Wall Street in Washington
The epic deflation of Wall Street rolls forward like a blood-spattered steam roller, claiming more important victims. It takes down noble old names like Merrill and Lehman Brothers, destroys the savings of large pension funds and mom-and-pop investors, throws tens of thousands of financial workers out of jobs. But let’s not dwell on the downside. This is the process Joseph A. Schumpeter famously described as “creative destruction“–capitalism’s way of clearing away debris from the past so that new flowers may bloom. In this drama, what is being swept away is the monumental arrogance of celebrated financiers, also the fraudulent gimmicks that created lots of new billionaires by selling bad paper to the world’s investors. A great bubble of wealth grew in the canyons of Wall Street–a run-up of falsified financial assets that lasted for roughly twenty-five years. Now the air is rushing out of that balloon, no way to stop it. In the long run, the … [Read more...] about Creative Destruction on Wall Street
“My administration is the only thing between you and the pitchforks,” President Obama told the CEOs of the biggest banks when he took them to the woodshed recently. As public anger builds against the Goldman Sachs rat pack he has welcomed into the White House, the president might also reflect on his own popularity being the only thing standing between the pitchforks and some of his most prominent appointees. The focus of public displeasure seems to swing between Treasury Secretary Timothy Geithner and Larry Summers, director of the National Economic Council. This is the same Summers who was run out of the presidency of Harvard University by pitchfork-wielding academics. Suspicion and anger jumped up a peg when it was disclosed that Goldman Sachs, the bête noire of the politically disgruntled left and right, had paid Summers $135,000 to give a speech. Because Summers is always sounding off for free, the Goldman people may have dropped coins in his cup against the … [Read more...] about Obama’s Wall Street Rat Pack