[10] For example, Gekko's line "Greed, for lack of a better word, is good" was adapted from a remark by Boesky, who himself was later convicted on insider trading charges.
[11][12] Delivering the 1986 commencement address to the School of Business Administration at the University of California, Berkeley, Boesky said, "Greed is all right, by the way.
"[16] When creating the character for Gekko, Weiser wrote that "I formed an amalgam of disgraced arbitrageur Ivan Boesky, corporate raider Carl Icahn, and his lesser-known art-collecting compatriot Asher Edelman.
After the film's original character Gordon Gekko began being perceived as a hero instead of a villain, for his line "Greed is good," in 2008, Weiser wrote in op-ed in the Los Angeles Times titled "Repeat After Me: Greed is Not Good."
[18][19][20] On October 8, 2008, the character was referenced by Australian Prime Minister Kevin Rudd in his speech, "The Children of Gordon Gekko" concerning the financial crisis of 2007–2008.
[28] On September 25, 2008, Douglas, acting as a UN ambassador for peace, was at the 2008 session of the United Nations General Assembly.
Trying to return to topic, Douglas suggested that "the same level of passion Wall Street investors showed should also apply to getting rid of nuclear weapons.