'Gordon Gekko': Wall Street Isn't Wall Street

Actor Douglas deflects questions about financial markets
By Newser Editors and Wire Services
Posted Sep 25, 2008 11:18 AM CDT
United Nations Messenger of Peace and actor Michael Douglas participates in a panel discussion on the Nuclear Test Ban Treaty yesterday.   (David Karp)
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(Newser) – Questions from reporters apparently confused by the fantasy-reality divide forced Michael Douglas to explain yesterday that he isn't actually the investment banker he played in 1987's Wall Street. Although he won an Oscar for portraying "greed is good" proponent Gordon Gekko, he's not an expert on the current financial crisis, the actor-producer explained at a UN news conference nominally about a nuclear test ban treaty.

"Are you saying Gordon that greed is not good?" a reporter asked. "I'm not saying that," Douglas replied. "And my name is not Gordon. He's a character I played 20 years ago."