Michael Douglas: Corporate greed isn't good Michael Douglas presents an award during the 84th Academy Awards on Sunday, Feb. 26, 2012,...
Michael Douglas: Corporate greed isn't good
Michael Douglas presents an award during the 84th Academy Awards on Sunday, Feb. 26, 2012, in the Hollywood section of Los Angeles. (AP Photo/Mark J. Terrill)
Movie star Michael Douglas might be the FBI's newest and most famous turncoat.
He stars in a federal public service announcement unveiled for television Monday. The commercial denounces corporate greed after opening with a flashback to a famous scene from Douglas' film "Wall Street."
In it, his character Gordon Gekko reminds television audiences that "Greed is good."
The announcement then cuts to Douglas, who says: "The movie was fiction, but the problem is real."
The commercial is part of an ongoing offensive by federal authorities in New York against insider trading. The crackdown has resulted in multiple convictions.
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