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Gordon Gekko

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Alan Greenspan: ‘Not My Fault’

FINANCE • Alan Greenspan says don't blame him for the credit crisis. He may not have understood the dangers until recently, but the former Fed chief claims there's nothing he could have done. [NYP] • Who needs Wall Street 2 when Gordon Gekko is already back in the guise of Steve Schwarzman? The Blackstone founder just bought a big stake in a firm called BlueStar, the same name as the central company in the original Wall Street. [DealBook/NYT] • Big surprise: Funds that invest in Vice typically do far better than those that insist on Virtue. [NYT]

Of Course Gordon Gekko Is a Hedge-Fund Manager

FINANCE • Gordon Gekko is back! Michael Douglas will reprise his Oscar-winning Wall Street role, only this time as a hedge-fund magnate. [NYT] • James Simons tops a list of Wall Street's highest earners. [Forbes] • Two of Rudy Giuliani's firms represented both a creditor and a debtor in a bankruptcy case, a possible conflict of interest that was not disclosed to the judge. [WSJ]