Wall Street

Wall Street (1987)

6 corrected entries

(3 votes)

Corrected entry: At the very end, the FBI agents take a tape recorder off Bud after he has just met Gekko in a park and recorded their conversation. This is supposed to be the start of Gekko's downfall, yet Gekko says nothing incriminating at all in his conversation with Bud. The closest he gets is: "I opened doors for you. I showed you how the system works - the value of information. How you get it. Anacott Steel, Brant Resources, Transuniversal, Fulham Oil. I gave you everything." Legally meaningless, and it can all be explained away by a (highly paid) lawyer as innocuous and innocent.

Correction: In his anger, Gekko involves himself in transactions that before he spoke were all on Bud. During the meeting with his lawyer, he informed Bud that the trades would all be on him due to the way things were set up with the limited POA (he was taking sole responsibility). He also took responsibility for teaching Bud how to trade without being detected and how to hide the money. At the very least, even with a good attorney, Gekko opened up the door for them to find out who owned the overseas accounts and see if the taxes had been paid on the money (hello Al Capone). I don't care how good you are, there is no reason to mention those companies along with what he taught him if it wasn't about insider trading. It's not coincidence that Bud was never involved in shady dealings until he met Gekko. They can then go back before then and look at all the brokers Gekko is involved with and follow the paper trails.


Corrected entry: When Bud is talking to Carl's co-workers at the airplane hanger they are working on aircraft N455OT. The plane is painted in Bluestar colors. The last 2 letters, OT, signify the aircraft belongs to Avant Airlines. (01:00:25)


Correction: "OT" on the N number does not signify anything. The N number is 4550T (455zeroTango). The FAA does not issue N numbers using the letter "O" as it can be confused with "0" zero (as is the letter "I" can be confused with the number one 1). Google N4550T and you can see it was a BAC 1-11 that was parted out in the early 90's.


Corrected entry: The scene where Gordon is speaking to Bud on his cellular phone at the beach makes no sense. Gordon states that he is watching the sun rise and how beautiful everything is. The problem with that is in New York, the sun would rise over the Atlantic Ocean/eastern sky and the scene shows it coming up over the west not the east.

Correction: I was under the impression that his beach house was out on Long Island. On the north shore of the island the sun would be rising right where it was, over his right shoulder as he faced the water. So unless there was someplace in the movie that states the house is not on the north shore of Long Island, not necessarily a mistake.


When he looks back out over the ocean there is no horizon with land so it's the open ocean which still means it's incorrect.

Corrected entry: When Bud is sitting at the table in the start of the movie, one of his father's friends says "good bye Charlie". They should have said "good bye - Bud, or Carl". Charlie is the name of Charlie Sheen.


Correction: "Bud Fox" walks into the bar, and the first man he meets, is standing and his name is Charlie, and when he leaves, the other worker says "good-bye Charlie" to the character Charlie, not Charlie Sheen.


Corrected entry: It is said that Gordon Gekko sold NASA stock short on the day the Space Shuttle Columbia blew up. NASA stock? What NASA stock? NASA is a government department, not a company. You could no more buy or sell shares in NASA than you could in the Department of Defense, Environment, Immigration or Social Security.

Correction: It is a joke meant to highlight Gordon's lack of concern as to how he makes money. The characters all know that you can't buy or sell NASA shares and that helps make the joke funnier. It is therefore not a mistake.


Corrected entry: Sir Laurence Wildman "saves" the airline thanks to Bud. Why isn't he named in the insider trading scandal? It's half his fault.

Correction: Bud is arrested for all the other things he's been doing (stealing files using the cleaning company, etc), not anything specifically related to the airline takeover.


Factual error: The opening shot (of the New York Stock Exchange's trading floor) has the subtitle "1985," which might lead one to expect that at least the action in the first few scenes takes place in the year 1985. However, when Charlie Sheen is talking to his Nimrod broker buddy the Nimrod jokes that the day the Challenger exploded, Gekko was on the phone "selling NASA stock short." The Challenger exploded in January, 1986, not 1985. [An explanation for this: Wall Street, as conceived and filmed, was supposed to be set in 1987. However, near the end of 1986, The Ivan Boesky insider-trading scandal hit, many rules were changed, and acknowledging those events would have undone much of the plotting of the movie. So the movie was shifted back in time to 1985 (before the scandals, and also before the Challenger disaster), thus creating this major goof].

More mistakes in Wall Street

Gordon Gekko: Mixed emotions, buddy. Like Larry Wildman going off a cliff in my new Maserati.

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Trivia: Bud Fox's name was originally Joe Fox, but it was changed after it was discovered Joe Fox was a real stockbroker, who wouldn't give permission for his name to be used.

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Question: If the beach house is in the Hamptons, why is the sunrise from the west?

Answer: It's probably just a movie inaccuracy. For whatever reason, probably technical, economical, or for artistic considerations, the scene could have been staged and shot during sunset rather than sunrise. Oftentimes, scenes are not actually filmed when and where they are supposedly set. Locations are often substituted for ones that are more private, more scenic, have easier physical access, are in a less expensive economic region (such as Canada), and so on.

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