Besty Stark

ABC Goes Retro – Trots Out 20 Year Old Anti-Wall Street Flicks During Banking Crisis Bailouts

Coverage of the banking crisis is everywhere. Pundits and politicos claim the instability is threatening the financial markets and the overall economy. However, ABC's Sept. 22 "World News with Charles Gibson" used the crisis to take a swipe at the wealthy.

"In just six months, five major investment banks have now vanished from the landscape, ending an era of aggressive deal making and spectacular profits," Stark said. "These masters of the universe immortalized by Hollywood have been humbled."

The two movie examples Stark used in her report -"The Bonfire of the Vanities" from 1990 and "Wall Street" from 1987 - portrayed businessmen as greedy and immoral.