Wolf of Wall Street - Jordan Belfort

[18yardsout]

apparently hes coming to Aus...the website is his name dotcomdotau

 

[MRC & Co]

^^^^^^^^^^^

I believe Jordan is coming out to Australia in the not so distant future.

He is organising his trip at the moment (well in the very early stages such as looking at venues), but will probably be presenting at a few Universities etc if you wanted to catch it.

Yep, already said quite some time ago if you read the thread.

 

[adobee]

i picked this book up at the airport for a quick read.. i thought it was slightly entertaining but really on the whole a load of crap.. all he talks about is hookers and drugs .. wow.. anyone can have hookers and drugs.. a bit more depth on the scams and getting caught would be much more interesting.. not worth the read in my opinion .. boiler room is much more interesting as a move, whilst not indepth on the scams better illustration of sales techniques ..

hoping the madoff book will be better ..

 

[prawn_86]

The second book 'Catching The Wolf Of Wall St' goes into more details about the financial side of things, as it talks about the FBI investigations etc

 

[Tatts]

He is being interviewed on tripleM in melbourne this morning.

 

[waza1960]

Jordon Belfort was on Ch7's Morning show today promoting the new movie or was it his promotional tour?

He was fined $110 million dollars for his crimes and will have paid this off after handing over the proceeds of his books sales and movie rights.
I'm not condoning his crimes in any way but is this the first time somebody has actually paid financially in full for their crimes?

 

[CanOz]

Jordon Belfort was on Ch7's Morning show today promoting the new movie or was it his promotional tour?

He was fined $110 million dollars for his crimes and will have paid this off after handing over the proceeds of his books sales and movie rights.
I'm not condoning his crimes in any way but is this the first time somebody has actually paid financially in full for their crimes?

I think this guy paid for his crimes as well...

 

[DJG]

When's the movie due out?

 

[waza1960]

http://www.imdb.com/title/tt0993846/ November this year.
I think DiCaprio is good casting for the lead role

 

[dubpluris]

Autographed Book Contest - Wolf of Wall Street - Jordan Belfort

Just a heads up that if you have done Jordan's Straight Line System, he has a contest going on right now on Facebook to win an autographed copy of his book The Wolf of Wall Street! and it's ending soon!

Go to his page here https://www.facebook.com/jordanbelfort and enter either through the gold box on the top or the post pinned to the top of the page. Good luck everyone!

 

[tech/a]

Read Both books.
The Film evidently is pretty close to the truth.
Will certainly be there.

 

[FIGJAM]

watched the film. Was golden

Have the book to read as well, but there are a few other books in its way first

 

[So_Cynical]

Just finished the book after watching the movie a few months ago...enjoyed both.

Steve Madden and his shoe business gets a lot of attention in the book and he was a partner in crime with Belfort, interesting that Steve Madden shoes is still listed on the Nasdaq, has 100 stores, trades at $38.80 per share and has a Market cap of $ 2,464,430,988 - 2.5 billion right?

http://www.nasdaq.com/symbol/shoo

I guess Madden is still a major holder, Wiki said that the company paid him 700K as a consultant after he was forced to resign as CEO and sent to prison....crime pays?

http://en.wikipedia.org/wiki/Steve_Madden

Capitalism really is king in America.

 

[Mrmagoo]

The guy was a filthy criminal who ruined lives. Even if he just stole from rich old men who probably didn't deserve the money he should have gotten life in prison for what he did. Never to be released. The way he flaunted his obvious law breaking means that if he had been around in any time after the GFC he would be in jail for life. That being said, surely his victims must take some of the blame. If you're so lazy and weak minded that you think you can get money for nothing then maybe you deserve to lose the lot.

 

[luutzu]

The guy was a filthy criminal who ruined lives. Even if he just stole from rich old men who probably didn't deserve the money he should have gotten life in prison for what he did. Never to be released. The way he flaunted his obvious law breaking means that if he had been around in any time after the GFC he would be in jail for life. That being said, surely his victims must take some of the blame. If you're so lazy and weak minded that you think you can get money for nothing then maybe you deserve to lose the lot.

I watched Goodfellas, also by Scorsese, and found those mobsters to be more likable than this dude.

And no, only 1 guy was ever imprisoned for the GFC - and that's only because he confessed. The banks got bailed out and the CEOs got bonuses.

 

[Mrmagoo]

I watched Goodfellas, also by Scorsese, and found those mobsters to be more likable than this dude.

And no, only 1 guy was ever imprisoned for the GFC - and that's only because he confessed. The banks got bailed out and the CEOs got bonuses.

I ythought that since they GFC they had started coming down harder on white c ollar criminals ?

 

[pixel]

I ythought that since they GFC they had started coming down harder on white c ollar criminals ?

Only on the little ones, like that dude in the UK, who has recently been in the news for allegedly "manipulating exchange rates" to his advantage.

The bigwigs on Wall Street are sitting more securely than ever in their chairs, creating ever more trading robots that manipulate entire markets. But that's okay because they're Americans and do it for the Good of the USofA.

Check how many members of Congress, Senate, and affiliated Lobbies were trained by Goldman-Sachs

PS: I missed the movie, but read the book. Highly informative, but not surprising.

 

[luutzu]

I ythought that since they GFC they had started coming down harder on white c ollar criminals ?

Like Pixel said, only if you're small. The big guys are not white collars, they're platinum or solid gold collar. They're the untouchables.

There's no political will, and even if there are at some level, there's not enough resources... And if a public regulator is too good at their job and too tenacious, they get lured away with a job offer that double or triple their public servant pay bracket. And those who can't be bought will be brought down - either through exposing their personal indiscretion or pressuring their bosses.