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Essay text:
Bud is desperate to do business with Gekko and he passes on some inside information about the airline company that his father works for. Gekko saw this as an opportunity to gain money from inside information and took Bud under his wing. As the relationship between the two develops Bud becomes aware of the corruptness and ruthlessness of the industry in which he works. He learns that using inside information can raise or lower the price of stocks. The information can manipulate the stock holders to buy or sell the stock to your convince.
The Securities and Exchange Commission (SEC) defines insiders as "any shareholder who holds in excess of five percent of a company voting stock or any officer or director of a corporation or employee who has access to important corporate information...
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