The Wolf of Wall Street Author:Jordan Belfort By day he made thousands of dollars a minute. By night he spent it as fast as he could, on drugs, sex, and international globe-trotting. From the binge that sank a 170-foot motor yacht, crashed a Gulfstream jet, and ran up a $700,000 hotel tab, to the wife and kids who waited for him at home, and the fast-talking, hard-partying young stockbroker... more »s who called him king and did his bidding, here, in his own inimitable words, is the story of the ill-fated genius they called?
In the 1990s Jordan Belfort, former kingpin of the notorious investment firm Stratton Oakmont, became one of the most infamous names in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of the canyons of Wall Street and into a massive office on Long Island. Now, in this astounding and hilarious tell-all autobiography, Belfort narrates a story of greed, power, and excess no one could invent.
Reputedly the prototype for the film Boiler Room, Stratton Oakmont turned microcap investing into a wickedly lucrative game as Belfort?s hyped-up, coked-out brokers browbeat clients into stock buys that were guaranteed to earn obscene profits?for the house. But an insatiable appetite for debauchery, questionable tactics, and a fateful partnership with a breakout shoe designer named Steve Madden would land Belfort on both sides of the law and into a harrowing darkness all his own.
From the stormy relationship Belfort shared with his model-wife as they ran a madcap household that included two young children, a full-time staff of twenty-two, a pair of bodyguards, and hidden cameras everywhere?even as the SEC and FBI zeroed in on them?to the unbridled hedonism of his office life, here is the extraordinary story of an ordinary guy who went from hustling Italian ices at sixteen to making hundreds of millions. Until it all came crashing down?
This is published in 2007, the pb edition having many printings, so it sold well. It begins with his first day as a peon among stockbrokers in 1987 (the first chapter gives readers a good feel for Mr. Belfort's style) and ends in the 1990s. He rises fast, lives high, indulges in drugs, and becomes of interest to the FBI for illegal market dealings, but gets a rather brief prison sentence that he serves in one of those cushy federal institutions.
I bought the book from a branch library sale because a PBS comrade wished for it and read it for the best part of an hour. I do not like yuppies throwing around money and so will wrap it for mailing as soon as I finish typing this. However, it does tell of those prosperous times for those interested.
No index and thus my rating is reduced by one star.