General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGoldman et. al got a free screening of 'The Wolf of Wall Street' and they cheered (the crimes)
-the felonies, drugs, hookers and heists prompted glee, applause and cheering.
What it's like to watch the Wolf of Wall Street with a Bunch of Banking Dudes
... the film could have done a better job making Belfort look like a villain. Or maybe the film did do that, and we were just watching with the wrong crowd. There were a lot of finance pros there. The theater is in Manhattan's financial district and the movie has "Wall Street" in the name, after all. Plus you can actually see into Goldman's trading room floor from the escalator.
There's a lot of talk about how Wall Street has "changed" since the financial crisis. Compliance is up, bonuses are down, the holiday parties aren't as extravagant as they used to be. But you wouldn't necessarily know that from what these guys were cheering at.
There's a lot of talk about how Wall Street has "changed"? Not here there hasn't.
We ripped out the eyeballs of our muppet clients - Goldman Director (2012)
http://www.news.com.au/finance/work/we-ripped-out-the-eyeballs-of-our-muppet-clients-goldman-sachs-directors-blistering-attack-on-banks-toxic-greed/story-e6frfm9r-1226299935559
msongs
(67,436 posts)denem
(11,045 posts)and the investigation of Stratton began under Reagan. No Obama administration chief has failed like Holder IMO.
Bjorn Against
(12,041 posts)It was a very good movie, but don't expect to find many likable characters. Pretty much everyone is morally corrupt in some way, the movie definitely pushes the envelope and stretches the R rating as far as it will go. It was a well made movie though, and Leonardo DiCaprio gives a great performance.
American Hustle is another movie with a similar theme that is also in theaters now and if you are interested in the Wolf of Wall Street then you will like American Hustle as well, in fact I thought it was the better of the two movies. Both movies are very good looks at the way money corrupts our society however, I would recommend people see both of them.
marmar
(77,088 posts)Benton D Struckcheon
(2,347 posts)Stocks are sold, not bought. See the Facebook secondary and who's selling to see what I mean.
Derivatives are designed for you to be fleeced, if you're silly enough to try using them. See this chart: http://finance.yahoo.com/q/bc?s=VXX+Basic+Chart&t=5y
Who's making that money, you ask? The CBOE, the guys who issue the derivatives behind that chart. No one else. General rule: the seller of a derivative isn't doing it to be charitable to you, and has designed it so that the seller makes money.
Now go back and read that rule with this bit of knowledge under your cap: stocks are a derivative as well.
You're just along for the ride:
JDPriestly
(57,936 posts)awoke_in_2003
(34,582 posts)ok, I may be stretching a bit there, but not much.
freshwest
(53,661 posts)and Love in an Elevator.
There is little difference in the two, but the first is bit darker. Although they didn't offend me, I won't post the videos and start a fuss.
And yes, they revel in what they do and they are getting away with murder.
Wall Street with Michael Douglas reflected the Bain - Romney pattern. Make war on anyone you can. It doesn't matter, if you get away with it. Some of the big banking houses are said to be descendants of pirates. This is a good thing, like a hunter catching its prey. All other people are their prey, and they rob from them. They laugh at this kind of protest:
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Because they aren't going to jump and they are not afraid of dishonor. That was a different generation that has since passed on an been replaced with a new breed. For them, winning is everything, there are no morals.
There has always been this element in human society, and it has been the power of government that taxes them and reclaimed their stolen booty. Now many Americans have come to think the same thing, government taxes and regulations are restricting freedom.
Whose freedom are you talking about, is what I think they should be asked.
Baitball Blogger
(46,756 posts)Sociopaths.
Brigid
(17,621 posts)No matter what their crimes, no matter how much damage they do, they get away with it.
Zorra
(27,670 posts)obviously.
blkmusclmachine
(16,149 posts)sandyshoes17
(657 posts)We spent Christmas at my sisters , my cousin is a producer in Hollywood, he was in town and went. He said he actually felt uncomfortable when they cheered. It was really creepy.
Uncle Joe
(58,405 posts)I viewed it last night with a girl friend and her girl friend.
7-12 people walked out before we eventually did, we didn't even stay for the finish.
I thought DiCaprios' character might have recieved justice in the movie but having not stayed to the end I don't know if he did or not.
I believe the movie could've done a much better job of getting its' message across with out going overboard on the language and total amount of sex play.
Thanks for the thread, denem.