Well, “spoilers”, I guess, though the movie is 30 years old. Here we go, you’ve been warned:
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Anyway, heres what I GET:
–Bud Fox, in order to impress Gordon Gekko, illegally lets him know that a judgement is coming down in Bluestar Airlines favor, Gordon places a buy, makes $ on the stock
–Gekko proposes a deal with Bluestars union to save the company. While Bud Fox’s union delegate dad laughs in Gekkos face, the rest of the union goes with the deal
Heres where it gets fuzzy:
–The scene where it is clear Gekko went back on his word and is going to liquidate the companies assets and go after the pension fund. The scene takes place in a meeting where Bud is introduced as the new Bluestar CEO, some guy in glasses is shouting at everyone, and the scene ends with the same guy making a deal with whoever it is he is shouting at, and mocks Bud by declaring he is the shortest lived CEO in history.
Huh? Who is the guy shouting at everyone? Who is he shouting at? Step by step, what is going on this meeting? And exactly what did Gekko just do?
Consequentially, Bud Fox gets revenge on Gekko by teaming with Sir Larry to screw him on the Bluestar stock price. Im already lost at THIS point. Exactly what does Bud and Sir Larry do to screw over Gekko, and how do they pull it off?
For the CEO bit, I don’t remember the glasses-shoutey guy, but the gist of the scene is that Gekko, as the main stockholder appoints Bud CEO. However, minutes later Gekko (as the main stockholder) approves a deal to shut down Bluestar and sell everything off (going back on his word to Bud). Since Bluestar is going to completely shut down, it doesn’t need a CEO anymore, and Bud’s out of a job, after five minutes (I suppose he might technically still be CEO until everything finalizes, but he’s got nothing to do).
I think you may be conflating a couple of scenes. There is the scene where Bud and Gekko talk to the union leaders and gets them on board with the takeover. There is a scene with some investment bankers where Bud finds out that Gekko plans on breaking up the airline, where an investment banker says Buds executive career is short lived. Then Bud confronts Gekko and they yell at each other. The Bud and the union leaders make a deal with Gekko’s rivals.
I think the scene where Bud discovers Gekko’s liquidation plan was in the law firm of his old college pal James Spader. The firm was providing advice to Gekko in regards to the Bluestar takeover. The guy with glasses doesn’t really matter, he was just some attorney or investment banker who delivered the bad news to Bud.
Bud got his revenge by driving up Bluestar’s stock, then manipulating it back down again. When Gekko realized the stock was plummeting, he dumped his remaining interest on Bud’s advice. Bud convinced Sir Larry to buy controlling interest in the company at a huge discount. When Gekko saw that Sir Larry had bought the company, he realized Bud set up the whole thing.
I thought Bud was buying frozen concentrated orange juice futures from Louis and Billy Ray in order to put the Duke brothers and Bluestar out of business because he lost a one dollar bet with Gekko. Am I wrong about this?
That’s hilarious because both movies are about earning money on the stock market. Well technically trading places was about the commodity market. So in the end you made an incredibly lame non-joke.