The bad old days of the 1980s are back (but maybe not what you're thinking)

From today's Wall Street Journal:

At law firm Bickel & Brewer, even the mailroom clerks wear suits and ties. Until recently, that might have been considered extreme. But now, power dressing is coming back in style, and the old-school law firm has a new relevance.

As law-firm layoffs mount, fear of unemployment appears to be speeding up the resurgence of power clothes, even among the youngest recruits. Legal interns have begun flouting business-casual dress codes and wearing suits instead, says Gretchen Neels, a Boston communications consultant who works with law firms and graduate schools. "In our economic times, you really want to have your game on. You can't be too formal," she says.

Power clothes are selling well at menswear retailer Paul Fredrick. Those white-collared, colored dress shirts that Gordon Gekko favored in the 1987 movie "Wall Street" have been big sellers in recent months, says Dean White, executive vice president of merchandise. So are yellow power ties, another 1980s dress-for-success accessory.

Whatever...I just hope those mobile phones come back in style...I still use mine. The looks I get!

Greed may or may not be good

Funny item from The Superficial:

Michael Douglas fielded questions yesterday about the current economic crisis facing America. Apparently, playing Gordon Gekko in Wall Street over two decades ago makes him a financial expert. Wow, way to hit a home run, mainstream media. For a minute there, I was almost worried people might not think we're a nation of total idiots. The Associated Press reports:

After world leaders here condemned the "boundless greed" of world markets, Douglas was asked to compare nuclear Armageddon with the "financial Armageddon on Wall Street."
But the likening to Gekko did not end there, with a reporter asking: "Are you saying Gordon that greed is not good?"
"I'm not saying that," Douglas replied. "And my name is not Gordon. He's a character I played 20 years ago."

Ironically, no one asked Michael Douglas how to run the country even though he starred in The American President.

The money shots of Wall Street (so to speak)

Someone did a nice little edit job on Wall Street, as in the 1987 Oliver Stone film.