Business

The Wolf of Wall street

Making money is one of the hardest things to do. However, it seems to be remarkably easy if you have the ability and the gumption to do it on Wall Street. Caution should be applied especially when you look at the example of the film The Wolf of Wall Street. Greed, vice and dangerous lifestyles seem to be the order of the day. As it’s a Martin Scorsese film, this is only to be expected. It is set in the deregulated world of the 1980s and early 90s you can be sure now that such things would be harder, especially with the intervention of an AML IDENTITY CHECK like that from www.w2globaldata.com/regulatory-compliance-solutions-and-software/aml-id-checks/ to protect the business.

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There really isn’t any justification for the actions of Leonardo DiCaprio’s character Jordan Belfort. He begins his career with LF Rothschild in the intense world of the Stockbroker. To keep up with the high-intensity A class, narcotics are rife. Spurred on by his boss, he seeks out the best deals. However, with the uncertainty of the market, a crash results in him losing his well-paid bonus-laden job.

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Belfort takes up a job selling overpriced shares that make him everything but return nothing to the buyers. He does this over the phone and raises enough money to start his own investment company on Wall Street. With a process of talking up a company’s performance to raise its share price when in fact, it’s underperforming he and his friends become fabulously rich.