Preview

The Wolf Of Wall Street Research Papers

Good Essays
Open Document
Open Document
1299 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Wolf Of Wall Street Research Papers
The Wolf of Wall Street

The Wolf of Wall Street is a film based on Jordan Belfort, a stockbroker who at a young age after

becoming licensed, mastered the art of money laundering. Within his profession of a stockbroker, he

quickly uses his skills of lying and manipulation to talk people into buying large amounts of penny

stocks. Shortly after, he decides to open up his own stock company with friends who he has specifically

chosen to build what comes to be one of the largest companies on Wall Street. Each one of his friends is

either good with numbers, good at selling, good at convincing, or overall good at getting money. They use

their skills to coerce their clients. Illegal routines such as as insider trading, money laundering,
…show more content…
Because each

associate is said to have 50% commission, an affluenza effect within the company soon becomes to be an

issue affecting both employees and therefore the drive of the company. Affluenza, which is known to be,

“an unsustainable addiction to economic growth” (PBS) was the main cause to all of the actions under

Jordan Belfort and his associates. The addiction that grows within the movie fosters an environment

where money is the sole purpose of life and one must do everything and anything in order to get more.

From the money comes unlimited access to drugs, sex and anything a man can desire. It becomes a cycle

upon which Jordan Belfort feels empowered enough to avoid any form of ethics. Belfort actually

succeeds in being sober for two years after he and his wife nearly died from an accident.

Thinking ethically, I believe they should have considered leaving the firm and all of its illegal

actions a lot earlier when addictions were becoming life threatening. When their daily lives consisted of

making money illegally, doing drugs, having sex with prostitutes, getting a penicillin shot, and
…show more content…
He was still using his skills but in this case he was helping others and not only thinking about the

profit for himself. Unfortunately, his issues weren’t entirely fixed and there was a settlement paid by the

Belfort to the government but eventually he served 4 years in prison. I feel like this could have been

avoided if they would have initially dealt with the ethical issues first hand.

There were no concerns for any of their clients in The Wolf of Wall Street. The three ethical

frameworks of utilitarianism, deontology and virtue were completely thrown out of the window in this

case and therefore couldn’t be considered. John Mackey’s myth of companies wanting to solely maximize

profit becomes true in this case. The brokers of Oakmont Company lie and cheat people in multiple

business aspects. Referring back to the ethical framework of deontology, a world could not function

properly if everyone lied, committed fraud, and laundered money such as they did. In the eyes of

Aristotle, Jordan Belfort would be considered to have no sense of the golden mean and only the sense of

excessiveness which is what he prided the success of his company

You May Also Find These Documents Helpful

  • Satisfactory Essays

    cash basis business for tax purposes and paid self-employment taxes on all of his income.…

    • 299 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Jordan Belfort Quotes

    • 208 Words
    • 1 Page

    Jordan Belfort, the ruthless stockbroker, can be described as the modern day Midas in many ways. For example, he used and taught his workers his “Kodak pitch” to get investors in which they charm and sugar coat details until the investors take the bait (Solomon). Like Midas, Jordan Belfort uses kindness for the wrong reasons. Nonetheless, his greed shows through this technique because he is using it get more investors which equals more money. He makes eighty-five thousand dollars a year with his scams but eventually gets convicted of money laundering and security fraud (Kolhatkar 72). Like Midas, he gets lots of money and faces the consequences of his actions. The average pay he got shows he used this scam repeatedly and filled himself…

    • 208 Words
    • 1 Page
    Good Essays
  • Better Essays

    where he perfected his sales technique, and earned enough money to start his own brokerage…

    • 1809 Words
    • 5 Pages
    Better Essays
  • Good Essays

    In Nic Sheff's appalling memoir, "Tweak", he takes you through his many attempts at recovery, and the mental and physical hardships he endured. The first time he got drunk was at age 11, and in the years that followed his life swirled out of control as his addiction to methamphetamines (along with cocaine and heroin) became more demanding. What I thought really differentiated his memoir from others about addiction was the courage he had to try again, after so many failed attempts at getting sober. From prostituting himself to stealing from the people he loved, Nic not only had to fight the rest of the world, but his own demons as well.…

    • 734 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The short story Bartleby, The Scrivener: A Story Of Wall Street is about a lawyer, the Narrator, who runs a law practice on Wall Street in New York. It starts out by describing Bartleby, a scrivener who lives alone in his workspace. Next the Narrator describes his office with views of brick walls. Then he introduces three other unique employees, Turkey, Nippers, and Ginger Nut. Throughout the story, Melville relates motifs of walls, food, and death to the theme of isolation.…

    • 526 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    tim blixseth essay

    • 467 Words
    • 2 Pages

    When I was younger, I thought money ruled everything but in reality it doesn’t. Working hard doesn’t apply anymore in today’s economy. Most of the people who are wealthy have grown into the money or inherited from their ancestor. People hold the wealthy to a higher standard/power therefore they think they are better than the middle/lower class. Even though money is a great asset to have, it can be a liability. As I read the essay about Tim Blixseth, he was an individual who was not impressed or got excited about how much money he and his family had. He wanted to be low key, an average middle class person who worked hard for what he got not just given. In the story “Living It” he tells us how he would wake up in different locations each night.…

    • 467 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Big Short Analysis

    • 431 Words
    • 2 Pages

    To keep the stress away, he listens to hard rock and always takes his drumsticks with him to the office where he remains comfortably in a t-shirt, shorts, and flip-flops. Mr. Carell’s Mark Baum is a respected hedge-fund manager who’s not afraid to tell what he thinks, often showing indignity about how the market works; he’s a man of principles and keeps struggling hard with the suicide of his brother. Jared Vennet, an elegant trader for Deutsche Bank, was the one who informed Baum and his team about what was coming, urging them to investigate and take their own conclusions. Pitt’s Ben Rickert, wearing a beard and eyeglasses, is considerably more discreet than the rest of the bright visionaries. Less exuberant than “The Wolf of Wall Street”, funnier than “Margin Call”, and equally striking as “99 Homes”, the intrepid and almost impolite “The Big Short”, flowing at a commendable pace, is only short in its title since both message and presentation are big and explanatory enough to elucidate and…

    • 431 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Bayou

    • 1395 Words
    • 4 Pages

    He started as an errand boy in a small Wall Street trading outfit in the early 1980s. He paints a picture of rampant criminality all around him — insider trading, front-running, bags of cash — and contends that all of Wall Street was similarly corrupt, a transparent bit of rationalization.…

    • 1395 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Essay On Jay Gatsby

    • 808 Words
    • 4 Pages

    returned from the war. He inherited a large sum of money and ran an illegal over the counter…

    • 808 Words
    • 4 Pages
    Good Essays
  • Good Essays

    margin trader bought stock by paying less than the full price. This was highly profitable…

    • 481 Words
    • 2 Pages
    Good Essays
  • Better Essays

    The film "Wall Street" is about Bud Fox, an ambitious rookie stockbroker and Gordon Gekko, an aggressive and ruthless Wall Street power player. Bud Fox spends a lot of time and effort trying to become part of Gordon Gekko 's inner circle. Once he succeeds in doing so, Bud 's life moves into the fast lane, a fancy apartment, money, power and a hot new girlfriend. As time goes by, Gekko makes more and more unethical and illegal demands with the final straw being the takeover and dismantling of Bluestar Airlines where Bud 's father works. As should happen in all good movies, Bud Fox then comes up with a plan to make things right.…

    • 1179 Words
    • 4 Pages
    Better Essays
  • Good Essays

    This film deals with corporate America and the ethical behavior in the workplace. Bud Fox, as a young account executive, has the desire to become the highest salesperson in his company, and also the desire to become very rich. His focus is centered on getting a big account, mainly Gordon Gekko's.…

    • 918 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Analyzing Addiction

    • 2357 Words
    • 10 Pages

    Prentiss, Chris. The Alcoholism and Addiction Cure: A Holistic Approach to Total Recovery. New York, NY: Powerpress, 2005. Print. [3]…

    • 2357 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    The Wolf Of Wall Street

    • 1000 Words
    • 3 Pages

    The film is talking about Jordan Belfort (Leonard DiCaprio starred) ran a stock brokerage firm called Stratton Oakmont that defrauded investors in 90s, this is one of the most famous business fraud scandals in wall street and he is known as “Wolf of Wall Street”. The company running the business by buying penny stocks with some secrets accounts, they hired salesmen to do the cold calls and persuaded them to buy their stocks that could make many profit to them. After many clients bought the penny stocks so that the price of stock rose, they would dump the stocks they had bought. They earned a lot of money from this while their clients lost their investments from stocks crashed. By running this defrauded business, the firm became bigger and bigger and hired more and more salesmen. After few years, Belfort and his partners had to do money laundering in order to solve the problem of their huge dirty money from fraud. They saved their money in Swiss bank accounts and found people to laundry their money. Finally, the unethical business was discovered by FBI and the firm was shut down by the Securities and Exchange Commission (SEC), Belfort was arrested by FBI for money laundering and securities fraud.…

    • 1000 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Money gives you pleasure, but it doesn’t last long. We will be happy on the outside, but on the inside we are empty. This emptiness causes us to want more and more money. We don’t think we ever have enough money, we collect all the money to ourselves to reach our goal, but we don’t realize our goal doesn’t have an end. This greed keeps us away from God. We should keep all our treasures in heaven, not collect it here on Earth.…

    • 440 Words
    • 2 Pages
    Good Essays