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.
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.
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.
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.
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].
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