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(Business Insider)   Watching "The Wolf of Wall Street" with a bunch of bankers   (businessinsider.com) divider line 77
    More: Scary, Quaalude, value-systems, watching  
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11012 clicks; posted to Main » on 27 Dec 2013 at 11:31 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-12-27 01:29:26 PM  

FlashHarry: i saw it on christmas. it's a highly entertaining film. and if you have a brain in your head, it's pretty easy to get that the main character is an irredeemable villain. only a moron would see it as a glorification of crime and excess.

this reminds me of the idiots who claimed trainspotting was a pro-drug movie.


It glorifies demon babies.
 
2013-12-27 01:35:24 PM  

stonelotus: hubiestubert: UrukHaiGuyz: Trocadero: The thing that always gets me about this story (and all the others like it) is just how many gullible rubes you need to make it work. If you get a cold call trying to sell penny stocks, who the fark bites on that? Seriously, you're too stupid not to stick the phone up your butt. It's one thing if you get swindled by Bear Sterns or Lehman Brothers, but some random douche selling obvious crap? It's barely better than Nigerian Princes. He should have never gotten any money in the first place.

The world is full of lonely and ignorant people. You remember what P.T Barnum said happens every minute, right?

/a rube sticks their phone up their butt

There is no greater crime to some folks than letting a sucker keep his money. We only have to look at the last two election cycles to see that...

it's not primarily "suckers" that get taken over the phone, it's greedy people.  and vulnerable old people?   please.


It's hard to grift an honest man. Fool them? Take them? Steal? That's not hard, but a good con relies on folks being greedy bastiches...
 
2013-12-27 01:37:44 PM  

RoyFokker'sGhost: I can beat that...

I saw Phantom Meanace on opeing day at a theater in Oakland. When Jar-Jar came on screan, I looked around and became painfully aware I was the only white boy in the room.

I turned to my friends and said, "I'm going to get lpynched, aren't I?"

"Yup...."


I saw Phantom Menace at 3 in the morning since the theater was showing it round the clock. When the female robot showed up somebody shouted, "Yeah! Now we need a brotha!"
 
2013-12-27 01:50:47 PM  
That's nothing. I saw the Bull of Ball Street with a bunch of wankers.
 
2013-12-27 01:58:37 PM  

8 inches: RoyFokker'sGhost: I can beat that...

I saw Phantom Meanace on opeing day at a theater in Oakland. When Jar-Jar came on screan, I looked around and became painfully aware I was the only white boy in the room.

I turned to my friends and said, "I'm going to get lpynched, aren't I?"

"Yup...."

If you saw it at the Grand Lake Theater, you're lying because I was there too and it was all white people.

 
2013-12-27 02:00:15 PM  

farkingismybusiness: Who doesn't hoot and holler at every movie they attend?


depends on your skin color.
 
2013-12-27 02:08:27 PM  
RoyFokker'sGhost:

I turned to my friends and said, "I'm going to get lpynched, aren't I?"

For the life of me, I read that as "Lip Synched", and wondered if these were your friends:

static.guim.co.uk
 
2013-12-27 02:47:45 PM  

Trocadero: The thing that always gets me about this story (and all the others like it) is just how many gullible rubes you need to make it work. If you get a cold call trying to sell penny stocks, who the fark bites on that? Seriously, you're too stupid not to stick the phone up your butt. It's one thing if you get swindled by Bear Sterns or Lehman Brothers, but some random douche selling obvious crap? It's barely better than Nigerian Princes. He should have never gotten any money in the first place.


 I hate to admit it, but I was a stock broker at a penny firm in the 80's. Looking back I had zero business handling other peoples money, but we younger guys looked to the older guys for guidance. I made a ton of money, I was only 19 without a college degree. My best month there I made 37k, there were many more experienced brokers who made close to a 100k that month, it was insane.

  You asked who bites? Well that's easy, the scripts were polished and we sounded sophisticated and people were greedy.  We would cold call all day long and the rule was for every hundred cold calls you made you would get ten prospects. Out of those ten prospects, one would end up purchasing. Again looking back I think the majority of our clients bought because they didn't know anything at all about the stock market, we sounded professional and they heard on the news about people making money from stocks. They wanted to be a part of that.

  I made some people money, but most didn't. An old saying then that I'm sure is still being used today was " the client makes money, the client loses money, doesn't matter because the broker always gets hits cut" I was in the business for about 4 years, the crash of 87 ended the days of the big bucks. I eventually left and I got wiser and realized that I didn't have a clue what I was doing and couldn't stomach it any more. Over the years I have thought about the incredible money I made and have thought about returning, but after a few seconds of thought I realize that I would prefer to look myself in the mirror instead.

  Like the article, a bunch of us brokers went to see Wall Street when it came out. This was at the time things were really good. We were young making a minimum of ten grand a month. I remember us laughing at the exploits on the screen and really putting Gordon Geko down as a hero. Years later I watched the movie again and I was embarrassed that I used to think that way.

  Always keep in mind when you are looking to invest. Chances are the broker you are dealing with knows less than you do about the market. Chances are his but recommendations are given to him by his firm's marketing department. Chances are you're bring given that stock recommendation because it's posting the highest commission at the moment. Porsches don't pay for themselves.
 
2013-12-27 02:54:03 PM  
To me, the trend in Hollywood seems to be to glorify sex, drugs, and violence for two and a half hours, then put in 5 minutes of consequences and lesson-learning at the end to justify it. Films that come to mind: American History X, Scarface, and pretty much any other gangster film. In Scarface, Tony Montana ends up dead and lonely with his naked sister making a pass at him; but the movie is held up as something to aspire to by many. Just because there's a twist ending that shows consequences doesn't mean the film isn't glorifying the behavior of the heros/anti-heroes, or villains for that matter. The film doesn't have to condone it in order for it to validate it.
 
2013-12-27 03:13:57 PM  

NorCalLos: To me, the trend in Hollywood seems to be to glorify sex, drugs, and violence for two and a half hours, then put in 5 minutes of consequences and lesson-learning at the end to justify it. Films that come to mind: American History X, Scarface, and pretty much any other gangster film. In Scarface, Tony Montana ends up dead and lonely with his naked sister making a pass at him; but the movie is held up as something to aspire to by many. Just because there's a twist ending that shows consequences doesn't mean the film isn't glorifying the behavior of the heros/anti-heroes, or villains for that matter. The film doesn't have to condone it in order for it to validate it.


i saw nothing glorious in American History X. All the violence seemed very ugly in that one. Otherwise I would agree with you
 
2013-12-27 03:18:25 PM  
Crewmannumber6:

i saw nothing glorious in American History X. All the violence seemed very ugly in that one. Otherwise I would agree with you

It was disturbing to me too, but I remember slow motion action sequences of Edward Norton beaitng people up and getting the whole glistening torso treatment normally reserved for Rocky. Of course, he eventually went to prison and learned his lesson when a black guy saved his life and his little brother wanted to emulate him; but I couldn't help but imagine budding white supremacists or even non-racist skinheads watching the movie as violence pron.
 
2013-12-27 03:24:26 PM  
FTFA:
First of all, don't cheer in a movie. It's weird. You can laugh, but no cheering.


I guess the author never saw a blaxploitation movie back in the 1970's. I worked at a black-oriented theater and the crowd would go nuts. Then leave empty KFC boxes and dirty diapers on the floor. (The midnight soft-porn movies were even worse to clean up after).

/Colonial Theater, Fredericksburg, Va.
 
2013-12-27 03:36:49 PM  

Phil Clinton: Where's James Holmes when you need him?

[rense.com image 450x373]

/window seat


Am I the only one who thought that if you got rid of the orange dye job and shaved him he would look like Stargate SG-1 Michael Shanks?

www.moviefancentral.com
 
2013-12-27 04:23:54 PM  
Everything Is Rigged: The Biggest Price-Fixing Scandal Ever

Famously, one Barclays trader monkeyed with Libor submissions in exchange for a bottle of Bollinger champagne, but in some cases, it was even lamer than that. This is from an exchange between a trader and a Libor submitter at the Royal Bank of Scotland:

SWISS FRANC TRADER: can u put 6m swiss libor in low pls?...
PRIMARY SUBMITTER: Whats it worth
SWSISS FRANC TRADER: ive got some sushi rolls from yesterday?...
PRIMARY SUBMITTER: ok low 6m, just for u
SWISS FRANC TRADER: wooooooohooooooo... thatd be awesome

Screwing around with world interest rates that affect billions of people in exchange for day-old sushi - it's hard to imagine an image that better captures the moral insanity of the modern financial-services sector.
 
2013-12-27 04:30:53 PM  
I'll probably see this one next week. Yesterday I saw American Hustle, which I assume will be a bit of a contrast, since it made the con artist main character into the guy any moviegoer was supposed to root for. Oddly enough, the cinematography and soundtrack made it look a lot like a Scorsese flick.
 
2013-12-27 04:51:42 PM  
What's funny is all the amazon reviews for the book. It got good reviews until the trailers started running, suddenly every review is 1 star this sucks, hate it, etc. I can't decide if they're legit or "pay no attention to the man behind the curtain."
 
2013-12-27 05:07:45 PM  

jst3p: medius: my friend gets a beej in a glass elevator in that flick

That blows on many levels.



And done.
 
2013-12-27 05:45:08 PM  
Belfort made his money off of others greed.  The investors, even though they may have been working class, with little money, wanted something for nothing.  He appealed to their greed.  Therefore, I don't have too much pity for them.  They jumped in the greed pool without their floaties.....and they drowned.  Meh.
 
2013-12-27 05:45:45 PM  

machoprogrammer: Crass and Jaded Mother Farker: I'd imagine, if they made a movie showing Farkers getting crazy rich & having sex with beautiful women to a bunch of Farkers, they'd hoot & holler too...


/Nothing to see here.

Not much money to be made in your mother's basement, though


I dunno.. You could be her, um, agent.
 
2013-12-27 05:58:16 PM  
 
2013-12-27 06:01:15 PM  

macdaddy357: All bankers, hedge fund managers, stock brokers and the like need to be lined up and shot.

 
2013-12-27 06:24:17 PM  

The Southern Dandy: Belfort made his money off of others greed.  The investors, even though they may have been working class, with little money, wanted something for nothing.  He appealed to their greed.  Therefore, I don't have too much pity for them.  They jumped in the greed pool without their floaties.....and they drowned.  Meh.


So they were asking for it?  Dadgum greedy retirees wanting to supplement their money market returns and Social Security checks!
 
2013-12-27 06:48:47 PM  

The Southern Dandy: Belfort made his money off of others greed.  The investors, even though they may have been working class, with little money, wanted something for nothing.  He appealed to their greed.  Therefore, I don't have too much pity for them.  They jumped in the greed pool without their floaties.....and they drowned.  Meh.


Well that's one way to look at it... if you want to rationalize your lack of empathy.

Try mulling this thought around for a while instead: He took advantage of people's hope for a better life.

Just imagine that you're some poor working class schlub, working your ass off your whole life just to keep your head above water, when some guy tells you that he can help you make a lot of money for a minimal investment. You should be more skeptical, but he seems legit and this is not an area you really know a lot about. But you're a hard working, working class guy, and you're used to trusting people... This could be the lifeline you've always wanted. A ticket out of barely scraping by year after year, and in to some sense of financial security instead.

Sure with hindsight maybe you should have just hung up the phone, but we don't live in hindsight - we live in NOW - and hope is a powerful thing. It's a recipe for some people to be taken advantage of if you reach out to enough of them.
 
2013-12-27 06:56:46 PM  

macdaddy357: All bankers, hedge fund managers, stock brokers and the like need to be lined up and shot.


Except the ones that run the mutual funds your 401k uses, right?
 
2013-12-27 07:57:22 PM  

Bith Set Me Up: WhyteRaven74: FlashHarry: only a moron would see it as a glorification of crime and excess.

And we've been down this road before, with Wall Street.

Crewmannumber6: A LOT of people missed the point to Wall Street too.

And "The Godfather", and "Scarface", and "Goodfellas", and "Apocalypse Now", and...


Seriously, just feck off.

I've just lost several hours of my life to the tvtropes timesink.

/Obviously, I've just been reading about Father Ted.
 
2013-12-27 08:13:34 PM  

machoprogrammer: macdaddy357: All bankers, hedge fund managers, stock brokers and the like need to be lined up and shot.

Except the ones that run the mutual funds your 401k uses, right?


Nope.  Go ahead and take em out too.  We'd all be much better off without them.
 
2013-12-27 08:38:46 PM  

A Cave Geek: That's pretty much the reaction I would expect from finance people to that film...


Like seeing a torture porn film with a bunch of drunk frat boys, yeah.
 
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