Back in the eighties, there were a lot of films (and television shows) that tried to cash in on the success of Raiders of the Lost Ark. Who would have thought that this breezy trifle, written years before Raiders, would come closer to capturing the spirit of the original film than Spielberg’s sequel of the very same year?
Oliver Stone’s reputation as a wide-eyed provocateur of the left is mostly founded around one movie, the unfortunate JFK, and those who only see him through the prism of that one movie might expect Wall Street to be nothing less than a lacerating indictment of the entire capitalist system. The director’s target is more specific than that, however. His father was a stockbroker, so Stone isn’t about to trash the entire profession, but he does take aim at some of the more egregious excesses of the mid-eighties.
Keep in mind that this was before day trading and the days of CNBC and cable news channels with a full time stock ticker running across the bottom of the screen, so elements that seem familiar to us in 2007 were actually somewhat revelatory in 1987. Thus, Stone’s insider’s look at the world of corporate raiders and leveraged buyouts was pretty eye-opening at the time.