Stratton Manual Jordan Belfort
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Dec 08, 2013 Jordan Belfort, here played by Leonardo DiCaprio in “The Wolf of Wall Street,” created a cult of money making at Stratton Oakmont. Stratton Oakmont Sales Training Manual Jordan Belfort Wolf Of Wall Street Prop Collectables, Other Collectable Items eBay!
Stratton Oakmont founding - consistency issue[edit]
The Danny Porush page claims that:Stratton Oakmont was a Long Island, New York, 'over-the-counter' brokerage house founded by Jordan Belfort and Danny Porush.(link)
The Stratton Oakmont page on the other hand...Stratton Oakmont was a Long Island, New York, 'over-the-counter' brokerage house founded by Jordan Belfort and Kenny Greene, and later bought by Danny Porush.(link)
Clearly there is an inconsistency here on who actually founded the firm...
Some quick googling shows that NY state requires a 'Certificate Of Incorporation';but does not seem to post them online, so interested parties could presumably solve this with a physical source reference or something. [(link)]Being as I am out of state and not interested enough, will pass on doing it, but placing this on both talk pages as a general FYI of the issue to interested parties.74.140.37.168 (talk) 04:30, 20 January 2014 (UTC)
Meh... this may not be a wikipedia 'inconsistency' as much as a consequence of the fraud. Part of Belfort and Porush's fraud was misrepresenting the true ownership of various companies, including Stratton Oakmont.
Trying to answer the question of 'who founded corporation x,' when the certificate of incorporation may say one thing, someone later was convicted on an indictment alleging that the real ownership was different, and someone who testified in the case then wrote a memoir saying a third thing -- its an exercise in metaphysics.
I suggest that both pages, instead of making claims about who actually founded it, instead note the different statements in conflicting sources.
Djcheburashka (talk) 05:02, 28 October 2014 (UTC)
- Good idea here - Someone already modified the Porush page but I went ahead and took care of the Stratton Oakmont page. If there is consensus that both should match, let me know and I can edit the Porush page as well.Aleding (talk) 17:06, 28 October 2014 (UTC)
Thank you -- and I appreciate your change. While editing the Belfort page, I also came across this: http://www.slate.com/blogs/browbeat/2013/12/31/wolf_of_wall_street_true_story_jordan_belfort_and_other_real_people_in_dicaprio.html which tells yet a third story of the origin of Stratton Oakmont. I'm adding it in.
Every time I google one of the claims on the SO or Belfort pages about non-criminal history of activity, it turns out to be false. I have a working hypothesis that every single thing that Belfort has ever said -- other than that he committed fraud -- is a lie.
Djcheburashka (talk) 03:12, 1 November 2014 (UTC)
'Largest OTC broker'?[edit]
What does that even mean? Most shares traded per day? Most IPOs? Most employees? I do not get it.
The period when SO is supposed to have been the 'largest OTC broker' begins within a year of when Belfort took control. He left (if this part is true -- maybe its another lie) Rothschild after Black Monday which was October, 1987. 1987 is when the SEC says SO was already going, and the NASD launched its first attempt to shut SO down by 1989.
SO had no legitimate operation. I've seen this 'largest OTC' thing lots of places -- does anyone know what its supposed to refer to?
Djcheburashka (talk) 05:48, 1 November 2014 (UTC)
Typically largest broker would refer to assets under management, but I’m not sure if AUM is what is being referenced. I’ll do some digging and update the article to clarify “largest by assets under management” if I find anything. Jgalt87 (talk) 13:26, 26 March 2019 (UTC)
I showed a lot of initiative, and I stayed late. I was now in Armani suits, Ferragamo shoes, Valentino ties. I would stay all night. I would adjust my hours to call potential customers at home. All you had to do was get past the wife. The guys were more relaxed to talk at home. They were willing to listen a little more.
Danny offered to buy a car if I opened up 30 accounts in a month. I ate dozens of Quaaludes, pounded my clients, and got the 30 accounts — but two wound up not paying. So Danny said, “I’ll lease you whatever sports car you want.”
I picked a red Porsche 911 — I still didn’t have a driver’s license.
All of us brokers who started in the 1990’s on Long Island or in NYC can relay similar stories to this one, although the majority of brokers did not work for The Wolf at Stratton Oakmont. Stratton, the firm Jordan Belfort founded on the North Shore of LI is history’s most notorious boiler room, the Ground Zero of cold-calling fraud, the place where it all began. It didn’t last long, but the legends you’ve heard are almost all true.
Stratton Manual Jordan Belfort Unc
Josh Shapiro returned home to Long Island from the Marines at 22 and wanted to make some money. It was 1993, there was no such thing as internet brokerage and the markets were booming. The telemarketing brokers of LI were in their heyday, dialing for dollars with no competition, little regulation and nothing to stop them.
Today in the New York Post, Josh tells his tale of working for Jordan Belfort at Stratton…
Stratton Manual Jordan Belfort Net Worth
Read the whole thing: