Greed is good?

Michael Douglas proudly declared "Greed is good" in Wall Street, the movie clearly displaying how the Power Corrupts and won an Oscar for his performance. But the America's Big Companies Honchos probably missed the bigger picture and took the literal meaning. The companies which they built painstakingly were bankrupted due to their prodigal and wasteful ways, Ebbers, a milkman to boot with, made Worldcom one of the biggest Telecom companies. He was the one who refused to have free coffee machines in Offices to cut costs while his personal wealth swelled. He was able to enjoy every possible luxury so as the Tyco cheif with disrespect for other wealth, like the employees who toiled hard got nothing in return for their blood and sweat.

This amassing of wealth lead to their downfall and also the company when personal interests reign over Company interests what one can expect. So slapping a 25 year prison term does showcase harsh message and lesson that America needs to teach its future spendthrifts.

So in the longer run Greed is good? ask Ebbers who will be spending 20 years in a cell after 20 years of luxury life which cant be fathomed by the ordinary man. Also, Greed is after all one of the seven sins.