Stratton Oakmont

different ways. Although the film explicitly portrays how stockbrokers in Wall Street use manipulation to fill their own pockets, The Wolf of Wall Street splendidly conveys different “morals of the story” depending on the morality of the audience: “wolves” hunger for materialistic lifestyle are eager to become filthy rich like Jordan Belfort and his pack; “sheep” would not hurt others in exchange for their own gain, but are seen as weak by the “wolves” and are preyed upon by them, like the victims of Stratton Oakmont; and “sheepdogs” are sworn to protect the innocent from their predators, like the FBI agent Patrick Denham (Kyle Chandler) in the film. These three groups of people have their own respective reasoning for their actions, and it all depends…

inexpensively to fabricate a product to sell at a markup price which results in sweet profit. Who subordinates work for? Rich shareholders in the higher echelon who want their money and have less care about their subordinates. There’s more than a fair share of companies that reflect this behavior. An infamous example of economic exploitation is the white collar criminal Jordan Belfort. He started an investment firm where income solely relied on exploitation of the stock market and investors. A…

The Wolf of Wall Street Jordan Belfort Novel The Wolf of Wall Street tells Jordan Belforts journey as he embarked on one of the biggest stock market manipulation schemes and how it all came crashing down. The book details the demanding nature of being a stock broker back in the 80 's-90 's and the amount of sex and drugs that encapsulated a young Jordan Belfort into conning people out of hundreds of millions of dollars. After being laid off from his first job as a stock broker due to the stock…

People put endless effort into becoming successful. Making connections, creating ideas and learning from mistakes made along the way. Once these people became comfortable they had no need to keep working hard. So they stop. Everything that they did to become successful they stopped doing, because they thought they reached a point where they didn 't need to continue to do so. That quickly caused them to fail and lose everything they worked so hard for. The perception of success is viewed wrong.…

Stratton Oakmont, Inc. was a Long Island, New York based "over-the-counter” brokerage company founded by Jordan Belfort. Stratton Oakmont is one of the well known and most controversial stock scandal of all times. Jordan Belfort also known as “wolf of wall street” was a stockbroker who ended up doing a big stock manipulation. He looted his clients by underwriting an initial public offer(IPO) for a company that doesn’t exist then they used pump and dump scheme to sell its self-owned stocks by…

Jordan Belfort's leadership “Playing it safe and taking no risks is a shortcut to poverty.”- Jordan Belfort or as many people know by the name “the wolf of wall street” is an author, motivational speaker, former stockbroker, and at a point he was a millionaire, but most importantly he was a leader. Even since he was a kid he showed his persuasive leadership skills by making 20,000 dollars just from selling Italian ice on the beach out of Styrofoam cups. He later started taking up on being a…

18. – Blue Star shares start trading at $19,50 on the day that Bud wishes to manipulate it. Bud wishes to get raise the price in order to get Gekko to panic and try and sell all of his shares. Bud then wishes to drastically lower the price in order to get Wildman to purchase the shares and remove all ownership from Gekko’s possession. – Bud manipulates the price upwards by instructing his colleagues at his stockbroking firm to get their clients to purchase Blue Star shares as it would be a…

Briggs and Stratton is an American industrial company that primarily is involved in engineering, developing, and manufacturing internal combustion gas engines for small power machines. The company was started in 1908 and they are the world’s leading producer in small engines and specialize in products such as: generators, pressure washers, snow blowers, air compressors, and lawnmower engines. The Briggs and Stratton plant in Auburn has been in service since August of 1995. The company has been a…

However, after pleading guilty to fraud and money laundering along with testifying against his fellow associates, Belfort was given a reduced sentence of 22 months in Taft Correctional Center where he later wrote his biography. Daniel Porush was also “[...]censured, fined $250,000 and barred in all capacities,” (NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC). The duo both suffered tremendous losses both financially and personally after the fall of Stratton Oakmont, propelling the two leave the…

Stratton executives were creating a crime-facilitative corporate system. Organizations that are crime facilitative “provide conditions that promote criminal conduct.” This is almost similar to the crime-coercive corporate system that “literally compels others to commit crimes.” Stratton Oakmont did neither based employee success nor reward them on the criminal acts they engaged in. Rather, they presented employees “with extremely tempting structural conditions – high incentives and…