What happened in Wall Street when Bud was asked to cover for his client's loss?
In this movie, Wall Street, Bud Fox was having a conversation with his client, it goes something like:
BUD: You are a gentleman, sure it is going down a bit, but
UNKNOWN CLIENT: give it back (not very audible)
BUD: give it to whom? you own it
BUD'S BOSS shows up standing in front of him
BUD: no, my boss is not here right now
BUD'S BOSS wants the phone to talk to this client
BUD'S BOSS: this is the sale's manager, what seems to be the problem?
UNKNOWN CLIENT: I want him to pull my account (not very audible)
BUD'S BOSS: I will discuss with the account executive.
BUD'S BOSS gives the phone back to BUD
BUD'S BOSS: I am closing the account, if he does not pay, you pay.
BUD: Mr. Lynch, I swear to you, he is lying.
BUD'S BOSS: I gave you one of the rich men's accounts, you tell me he is gonna DK for a lousy 1/4 point?
BUD: I do not think it is fair, you assigned me this guy, you know he has got a history of ...
BUD'S BOSS: somebody is gonna pay, it ain't to be me.
What is exactly the problem? Without much background knowledge, I do not understand this scene.
Best Answer
Probably because that's not what they are saying. In your quote there are missing lines.
Howard, the client, made a bad decision and lost money. Bud try to explain that it was Howard decision so he shouldn't be responsible for it. Howard then lie to Bud boss about it and he make a decision that it have to be Bud who need to pay (in real money) for this.
You can read the script Wall Street Script
BTW. Bud have to pay 7K$ in one day. Around 15K in 2018 money.
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What happened to Bud Fox in Wall Street?
At a party, Bud runs into Gordon, and the two have a brief chat before Bud leaves. After he got out of jail with a light sentence. He tells Gekko that he was made a owner/ manager of the airline, which was sold some years ago and he made millions on the deal and is now independently wealthy and happy.Is Wall Street 1987 a true story?
The character of Gordon Gekko was not based on any one person, but rather on a composite of real-life financiers. Stanley Weiser, who co-wrote the screenplay with Oliver Stone, claimed that Gekko was partially based on corporate raider Carl Icahn, disgraced stock trader Ivan Boesky, and investor Michael Ovitz.Wallstreet - Bud Fox's Big Break
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