|A group of blood sucking parasites raucously cheered at an advance screening of "The Wolf of Wall Street" last week. Turned out they worked on Wall Street. It also turned out their disgraced hero is doing just fine.|
Wall Street bankers are blood sucking parasites. But you don't need me to tell you that.
According to a report in Business Insider, and reprinted in Slate, the other day a gaggle of these blood worms, ticks and amoebic dysenteries arrived drunk to an advanced screening of the film "The Wolf of Wall Street."
The film chronicles the hilarious exploits of 1990s penny stock scammer Jordan Belfort, co-founder of the corrupt brokerage house Stratton Oakmont, at one time the largest "over the counter" stock brokerage in the United States.
Stratton Oakmont handled the initial public stock offerings of such household name companies as Hemesphere Biopharma, Dualstar Technologies, D.V.I. Financial, Paramount Financial, Czech Industries, M.V.S.I. Technology, and Questron Technologies. What did these companies have in common? Simple. None of them actually existed.
At Stratton Oakmont, Belfort's activities included defrauding clients out of at least $110 million dollars through pump and dump schemes, as well as spending that stolen money on boats, cars, planes and copious amounts of prostitutes, Quaaludes and cocaine.
The film, starring heartthrob Leo DiCaprio and based on a book written by Belfort, is a tribute to the man's ingenuity, drive and audacious determination to enrich himself at the expense of others, debauch himself with drugs, alcohol and sex, and achieve the American Dream.
Related: 7 Fun Facts About the Wolf of Wall Street
According to the article in Slate, the Wall Street parasites in attendance cheered Belfort on the whole way. The more depraved and self-serving his behavior in the movie, the more they cheered. Which, if you think about it, is as it should be.
The leeches, dog fleas and tapeworms would have cheered even harder had they known the back story. See, because Jordan Belfort is alive and well. As a reward for giving investigators evidence to incriminate his associates, Belfort spent just under two years in minimum security federal prison.
Now, the 53-year-old lives with his fiance in tony Manhattan Beach, California. Of the $110 million he was ordered to pay in restitution to his more than 1,500 victims, he has so far only paid $11 million. $10 million of that came from the sale of his personal property that was seized by the feds.
A swindler? Yes. Gleefully unrepentant, even after being captured and publicly disgraced? Yes! Cheerfully living well off of money that he stole then deposited in secret off-shore accounts? Yes, Yes, YES!
What does Jordan Belfort do with his time now, you wonder? Naturally, he's a motivational speaker and sales trainer.