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Lauuu

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- LauuuLauuu
  ·2021-08-11
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  Bitcoin roars back, putting US$100,000 predictions in vogue again
  NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity. The world's
  Bitcoin roars back, putting US$100,000 predictions in vogue again
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- LauuuLauuu
  ·2021-08-10
  $AMC Entertainment(AMC)$[What] [What] [What] [What] [What]
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- LauuuLauuu
  ·2021-08-10
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  5 Stocks To Watch For August 10, 2021
  Some of the stocks that may grab investor focus today are: Wall Street expects Sysco to report quar
  5 Stocks To Watch For August 10, 2021
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- LauuuLauuu
  ·2021-08-09
  $Palantir Technologies Inc.(PLTR)$[What] [What] [What] [What]
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- LauuuLauuu
  ·2021-08-09
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  ·2021-08-07
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  Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf
  Does crime pay? “Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagaz
  Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf
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- LauuuLauuu
  ·2021-08-07
  $AMC Entertainment(AMC)$[What] [What] [What] [What]
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- LauuuLauuu
  ·2021-08-07
  [Smile] [Smile] [Smile] [Smile] [Smile] [Smile]
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- LauuuLauuu
  ·2021-08-06
  $AMC Entertainment(AMC)$[Smile] [Smile] [Smile] [Smile]
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  ·2021-08-06
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Bitcoin to the moon. Bitcoin to infinity.\nThe world's ","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin roars back, putting US$100,000 predictions in vogue again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin roars back, putting US$100,000 predictions in vogue again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 17:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-roars-back-putting-us100000-predictions-in-vogue-again","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158401828","content_text":"NEW YORK (BLOOMBERG) - Bitcoin to US$100,000. Bitcoin to the moon. Bitcoin to infinity.\nThe world's largest cryptocurrency is staging a comeback that has taken it up more than 50 per cent from recent lows, reviving animal spirits and coaxing out sky-high price targets that, while a source of comedy for some, emerge when the asset is rallying.\nOut are predictions the digital currency was ready to retest US$20,000 amid a slew of negative headlines that many said would push it lower. Back in vogue are calls for the coin to keep rallying again to its all-time highs and beyond.\nAnd there are plenty of superlatives to mark the moment: Bitcoin is up four weeks straight and is on pace for its second monthly advance. Overall, it's seen its fastest 21-day advance since February, the last time it was in the midst of vaulting toward records. It traded at US$45,781 as of 5.42pm in New York on Tuesday (Aug 10).\n\"It's roaring back,\" Meltem Demirors, chief strategy officer at crypto fund provider CoinShares, said by phone. Despite new regulatory scrutiny, \"many investors perceive this as positive news and a positive catalyst because it's clearing up a lot of the confusion or some of the uncertainty. And I think what's being demonstrated as well is the crypto community is no longer some esoteric corner of finance.\"\nThe cryptocurrency is defying criticism over its toll on the environment and is advancing even as regulators around the world are promising tougher crackdowns. China, for one, has taken a number of steps to clamp down on crypto mining, among other things. In the US, policy makers are focusing on digital assets in a new way, with US Securities and Exchange Commission chair Gary Gensler last week calling the space the \"Wild West.\" He said he wouldn't compromise on protecting investors in setting out a regulatory framework.\nStrategists are tossing those worries aside for now and are, instead, bringing out soaring price targets, which have long been a part of the investment thesis behind getting into cryptocurrencies.\n\"It's still got plenty of room to get the old high,\" Bloomberg Intelligence's Mike McGlone said in a television interview. \"And guess what? If it just follows Ethereum, it goes to US$100,000,\" he said, referring to Bitcoin catching up, percentage-wise, to the second token's performance.\nFundstrat Global Advisors' Tom Lee also sees it reaching US$100,000 - by the end of 2021. The firm's co-founder and head of research recommends investors follow a simple rule: If Bitcoin crosses above its average price over the last 200 days --a long-term momentum measure - then it's time to buy. The coin crossed that hurdle in recent days. \"With Bitcoin crossing above its 200D, we think Bitcoin will rally strongly into,\" year-end, Mr Lee wrote in a note.\nThe rally comes even despite potential tax reporting requirements. A change to cryptocurrency reporting rules in Congress' infrastructure bill was blocked in the Senate on Monday, leaving language for broad oversight of virtual currencies in the legislation that's set to pass the Senate.\nBlockchain Association's Kristin Smith said she was surprised the coin advanced during the infrastructure bill debate - she thought the opposite would have happened.\n\"I do not understand prices. I thought prices would be tanking because of the bad language that some suggested out there,\" she said on Bloomberg's \"QuickTake Stock\" streaming programme on Monday ahead of the provision's blockage. \"People are seeing the effectiveness that the crypto community and the crypto industry has in Washington. And I think there's confidence that we'll ultimately be able to get the policies right.\"\nTo be sure, tying fundamental developments to any of Bitcoin's moves has been a \"mistake,\" said David Donabedian, chief investment officer of CIBC Private Wealth Management.\n\"What's driving it is momentum and money flows, and a little bit of overall risk-on, risk-off sentiment in markets,\" he said. \"Any thing you say or write about Bitcoin you can always do a big percentage - it's up 50 per cent, yes, but it went down 50 per cent from April to June,\" he said, adding \"there is no credible way to value it.\"\nBut fans watching the showdown in Congress came to see it as representing validation of the industry. On Twitter, some inferred the community was a strong enough force to put senators incheck, while others celebrated its rally, reiterating it will continue on to infinity.\nOther negative news has similarly been cast aside for now. China had recentlyreiteratedits call to curtail Bitcoin mining and trading, but Ethan Vera of Viridi Funds said that’s turned out to be a positive development for Bitcoin.\n“They banned it, yet the network remained pretty stable,” said the firm’s co-founder and chief financial officer. “That kind of shows the resiliency of the overall network and how it is bigger than a single country.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896249518,"gmtCreate":1628587833134,"gmtModify":1703508629697,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","text":"$AMC Entertainment(AMC)$[What] [What] [What] [What] [What]","images":[{"img":"https://static.tigerbbs.com/2fea09fd8cab71f8a9fb9509c181b79b","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896249518","isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":896249365,"gmtCreate":1628587796957,"gmtModify":1703508629199,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/896249365","repostId":"1194483102","repostType":4,"repost":{"id":"1194483102","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628587678,"share":"https://ttm.financial/m/news/1194483102?lang=&edition=fundamental","pubTime":"2021-08-10 17:27","market":"us","language":"en","title":"5 Stocks To Watch For August 10, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1194483102","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Sysco to report quar","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects&nbsp;<a href=\"https://laohu8.com/S/SYY\">Sysco</a> to report quarterly earnings at $0.60 per share on revenue of $14.23 billion before the opening bell. SYSCO shares rose 0.3% to close at $41.97 on Friday.</li>\n <li><a href=\"https://laohu8.com/S/DDD\">3D</a> reported better-than-expected results for its second quarter on Monday. 3D Systems shares surged 12.6% to $31.92 in the after-hours trading session.</li>\n <li>Analysts are expecting&nbsp;<a href=\"https://laohu8.com/S/TDG\">TransDigm</a> to have earned $2.93 per share on revenue of $1.22 billion for the latest quarter. The company will release earnings before the opening bell. TransDigm shares rose 0.1% to close at $628.51 on Monday.</li>\n <li><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> reported stronger-than-expected&nbsp;results for its second quarter. The company said it currently has liquidity availability of more than $2 billion. AMC also announced plans to begin accepting apex cryptocurrency Bitcoin as payment for move tickets and concessions by the end of this year. AMC shares climbed 5.3% to $35.60 in after-hours trading.</li>\n <li>Analysts expect&nbsp;<a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> to report quarterly earnings at $2.24 per share on revenue of $1.77 billion after the closing bell. Coinbase shares fell 0.3% to $279.75 in after-hours trading.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stocks To Watch For August 10, 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks To Watch For August 10, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-10 17:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects&nbsp;<a href=\"https://laohu8.com/S/SYY\">Sysco</a> to report quarterly earnings at $0.60 per share on revenue of $14.23 billion before the opening bell. SYSCO shares rose 0.3% to close at $41.97 on Friday.</li>\n <li><a href=\"https://laohu8.com/S/DDD\">3D</a> reported better-than-expected results for its second quarter on Monday. 3D Systems shares surged 12.6% to $31.92 in the after-hours trading session.</li>\n <li>Analysts are expecting&nbsp;<a href=\"https://laohu8.com/S/TDG\">TransDigm</a> to have earned $2.93 per share on revenue of $1.22 billion for the latest quarter. The company will release earnings before the opening bell. TransDigm shares rose 0.1% to close at $628.51 on Monday.</li>\n <li><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a> reported stronger-than-expected&nbsp;results for its second quarter. The company said it currently has liquidity availability of more than $2 billion. AMC also announced plans to begin accepting apex cryptocurrency Bitcoin as payment for move tickets and concessions by the end of this year. AMC shares climbed 5.3% to $35.60 in after-hours trading.</li>\n <li>Analysts expect&nbsp;<a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> to report quarterly earnings at $2.24 per share on revenue of $1.77 billion after the closing bell. Coinbase shares fell 0.3% to $279.75 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","AMC":"AMC院线","SYY":"西思科公司","DDD":"3D系统","TDG":"TransDigm"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194483102","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Sysco to report quarterly earnings at $0.60 per share on revenue of $14.23 billion before the opening bell. SYSCO shares rose 0.3% to close at $41.97 on Friday.\n3D reported better-than-expected results for its second quarter on Monday. 3D Systems shares surged 12.6% to $31.92 in the after-hours trading session.\nAnalysts are expecting TransDigm to have earned $2.93 per share on revenue of $1.22 billion for the latest quarter. The company will release earnings before the opening bell. TransDigm shares rose 0.1% to close at $628.51 on Monday.\nAMC Entertainment reported stronger-than-expected results for its second quarter. The company said it currently has liquidity availability of more than $2 billion. AMC also announced plans to begin accepting apex cryptocurrency Bitcoin as payment for move tickets and concessions by the end of this year. AMC shares climbed 5.3% to $35.60 in after-hours trading.\nAnalysts expect Coinbase Global, Inc. to report quarterly earnings at $2.24 per share on revenue of $1.77 billion after the closing bell. Coinbase shares fell 0.3% to $279.75 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898598112,"gmtCreate":1628507609636,"gmtModify":1703507247133,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$[What] [What] [What] [What]","images":[{"img":"https://static.tigerbbs.com/21f1db4481cf6efb4acc24dd4bfb9904","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898598112","isVote":1,"tweetType":1,"viewCount":551,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":898591427,"gmtCreate":1628507569069,"gmtModify":1703507246465,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/898591427","repostId":"2158445948","repostType":4,"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891912038,"gmtCreate":1628316550324,"gmtModify":1703505020107,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/891912038","repostId":"1119792130","repostType":4,"repost":{"id":"1119792130","kind":"news","pubTimestamp":1628296709,"share":"https://ttm.financial/m/news/1119792130?lang=&edition=fundamental","pubTime":"2021-08-07 08:38","market":"us","language":"en","title":"Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf","url":"https://stock-news.laohu8.com/highlight/detail?id=1119792130","media":"Benzinga","summary":"Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagaz","content":"<p><i>Does crime pay?</i></p>\n<p>“Making money is so easy,” said&nbsp;<b>Jordan Belfort</b>&nbsp;in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”</p>\n<p>Belfort’s breezy pronouncement came as part of the publicity drumming for the release of&nbsp;<b>Martin Scorsese’s</b>&nbsp;film version of Belfort’s autobiography<b>“The Wolf of Wall Street,”</b>which starred&nbsp;<b>Leonardo DiCaprio</b>&nbsp;as Belfort.</p>\n<p>The New York article also featured input from&nbsp;<b>Greg Coleman,</b>the FBI special agent responsible for Belfort’s arrest for fraud and stock market manipulation. From Coleman’s perspective, Belfort wasn't worthy of movie star-level worship.</p>\n<p>“From a moral perspective, he was a reprehensible human being,” Coleman said about Belfort. “Admiration would be the wrong word, but from the perspective of manipulating the market, he’s one of the best there is.”</p>\n<p><b>A Kick In The Teeth:</b>A native of New York City, Belfort was born in 1962 in the Bronx and raised in the Bayside section of Queens. Both of his parents were accountants who stressed the value of education and maturity.</p>\n<p>Belfort received a degree in biology from American University and saw his career path in dentistry. He made money to pursue his dental studies by selling Italian ices on a beach in Queens&nbsp;and enrolled in the University of Maryland School of Dentistry.</p>\n<p>He dropped out after the first day of studies when the dean of the school made the astonishing pronouncement:&nbsp;“The golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place.\"</p>\n<p>But what was the right career for making money?</p>\n<p>Belfort returned from his day in dental school and found work as a door-to-door salesman in Long Island, where he sold meat and seafood. He started to grow a business based on this endeavor, but the effort failed to click and he wound up filing for bankruptcy by the time he was 25.</p>\n<p>“I was pretty talented,” he would later recall about this unsuccessful venture. “But the margins were too small.”</p>\n<p>However, a family friend pointed him to a position as a stockbroker broker trainee with the Manhattan-based firm<b>L.F. Rothschild,</b>but he lost that position when the firm experienced financial difficulty after the 1987 stock market crash.</p>\n<p>He took positions with other firms including&nbsp;<b>D.H. Blair</b>&nbsp;and<b>&nbsp;F.D. Roberts Securities and Investors Center</b>&nbsp;—&nbsp;the latter was apenny stockbrokerage shut down in 1989 by the U.S. Securities and Exchange Commission (SEC) one year after Belfort joined its staff.</p>\n<p>Discouraged at working for others in unstable environments, Belfort decided to turn entrepreneur and create his own financial operations,&nbsp;and that’s when the would-be dentist started his career lycanthropy into becoming the&nbsp;<b>Wolf of Wall Street.</b></p>\n<p><b>The Kodak Pitch:</b>In 1989, the 27-year-old Belfort teamed with 23-year-old&nbsp;<b>Kenneth Greene,</b>a fellow Investors Center employee who previously drove one of Belfort’s trucks during his meat selling days.</p>\n<p>The pair opened their own brokerage in a spare office in a Queens car dealership and then arranged to set up a franchise of&nbsp;<b>Stratton Securities,</b>a small broker-dealer operation.</p>\n<p>The duo seemed to strike gold quickly. Within five months of starting their franchise, they accumulated $250,000 and were able to buy Stratton Securities for themselves, renaming it&nbsp;<b>Stratton Oakmont</b>&nbsp;and establishing an operations center in Lake Success, a Long Island town which was best known as the first site of the United Nations headquarters before its Manhattan campus was constructed.</p>\n<p>By 1991, Stratton Oakmont generated $30 million in commissions from a 150-person workforce. Many of his team members were twentysomethings from blue-collar backgrounds eager to make a maximum amount of money in a minimal amount of time.</p>\n<p>Belfort also enjoyed his first brush with fame in 1991 via a profile inForbesthat harshly displayed his virtues and vices. On the plus side, the Forbes coverage offered insight into Belfort’s instruction on teaching his eager young employees the art of cold-calling potential investors.</p>\n<p>Using a technique he dubbed the<b>“Kodak pitch,”</b>Belfort instructed his brokers to begin their telephone spiel with a blue-chip stock such as&nbsp;<b>Eastman Kodak</b>&nbsp;before doing a hard-sell on obscurepenny stocks.</p>\n<p>Belfort also insisted that his brokers refuse to take no for an answer, offering them the mantra<b>“Whip their necks off, don't let ‘em off the phone.”</b></p>\n<p>Belfort’s team took his lessons to heart:&nbsp;Forbes reported they were, on average, earning $85,000 a year.</p>\n<p>Yet Forbes also highlighted Stratton Oakmont’s loosey-goosey approach to ethical operations, noting that the SEC began investigating the brokerage in its first year of operations over questionable sales and trading practices. Indeed, the magazine detailed several examples of pump-and-dump efforts by the Stratton Oakmont team that drove up prices on penny stock shares before selling them at their artificially inflated peak.</p>\n<p>Forbes diplomatically declined to identify Stratton Oakmont as a “boiler room,” but it was obvious what was taking place.</p>\n<p>Noting these antics, along with the SEC’s receipt of customer complaints, Forbes dubbed Belfort as “a kind of twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers.”&nbsp;Belfort defended his actions, claiming, “We contact high-net-worth investors. I couldn't live with myself if I was calling people who make $50,000 a year, and I'm taking their child's tuition money.”</p>\n<p>Also cited in his media debut was Belfort’s automobile, a&nbsp;<b>$175,000 Ferrari Testarossa.</b>This lavish hedonism was the start of a trend that would shape and then disfigure Belfort’s life.</p>\n<p><b>Ain’t We Got Fun?</b>Besides the SEC, Stratton Oakmont had been under watch by the&nbsp;<b>National Association of Securities Dealers</b>, the forerunner of today’s Financial Industry Regulatory Authority, right after its founding. Yet Stratton Oakmont was not expelled from the NASD until 1996 and Belfort was not indicted for securities fraud until 1999.</p>\n<p>In the years between his Forbes profile and his arrest, Belfort engaged an extravagant form of slow-motion, self-immolation fueled by drug addictions and financed by his pump-and-dump business.</p>\n<p>“I suffered from a disease called ‘more,’ he would lament in retrospect. “No matter how much I had, I wanted more.<b>You don't lose your ethics all at once.</b>It happens very slowly and, almost imperceptibly, you know you're doing things right and one day you step over the line.”</p>\n<p>Well, Belfort certainly went very much over that proverbial line. Financially, he was far ahead of the average American —&nbsp;at the peak of his earning power, he pocketed $50 million per year.</p>\n<p>Belfort’s wealth enabled him to purchase luxury residences and expensive toys that he had a strange habit of destroying, such as&nbsp;a luxury yacht once belonging&nbsp;to&nbsp;iconic designer&nbsp;<b>Coco Chanel</b>&nbsp;which he sank in a storm off the Sardinian coast in 1996;&nbsp;a Mercedes&nbsp;he totaled while driving high on quaaludes; and a helicopter that he somehow crash-landed on the front lawn of one of his mansions.</p>\n<p>The damage he inflicted on his property was mirrored by the insanity&nbsp;his drug habit inflicted on his body. “It was just like coke, coke, coke all day and I was like, ‘Screw you I don't have a problem,’” he would recall, adding, “I was like Al Pacino in ‘Scarface’ with a pile of cocaine. That's what my life had descended to.”</p>\n<p><b>The Inevitable Downfall:</b>Belfort’s luck began to slowly fray by 1994 when he reached an agreement with the SEC that required a lifetime ban from the securities industry. But he circumvented the&nbsp;prohibition by continuing to conduct business through<b>Danny Porush,</b>his right-hand man&nbsp;at Stratton Oakmont.</p>\n<p>Belfort also played fast with the rules in arranging the 1993 initial public offering for childhood friend&nbsp;<b>Steve Madden’s shoe company.</b>Madden would become entangled in Belfort’s schemes, including a deal to secretly buy and sell stock in Stratton deals on behalf of Porush, who was legally limited in trading stocks in those companies, and a secret arrangement to provide Belfort with a majority stake in his company despite the NASD’s severe restrictions on Belfort’s actions.</p>\n<p>Despite evidence of finance chicanery, Belfort’s downfall began with the arrest of his drug dealer, a martial artist named<b>Todd Garrett,</b>who was caught with $200,000 in cash from Belfort and Porush&nbsp;destined to be secretly transported to Switzerland. One year later, a French private banker who worked for a Swiss bank was arrested in Miami as part of a money-laundering scheme. In exchange for a lighter prison sentence, he identified his clients and cited Belfort and Porush.</p>\n<p><b>On Sept.&nbsp;2, 1998, Belfort was arrested for conspiracy to commit money laundering and securities fraud that resulted in 1,513 investors being swindled out of more than $200 million.</b>After a week in custody, Belfort agreed to cut a deal with law enforcement agencies and agreed to wear a wire and record conversations with business associates who were under investigation.</p>\n<p>Belfort’s work as an informant brought dozens of financial professionals and lawyers into prison, but he was not spared from incarceration.&nbsp;Although sentenced to four years in prison in 2003, he only served a 22-month sentence. He was also ordered to pay a $110 million fine.</p>\n<p><b>A Stellar Encore:</b>While serving his prison sentence, Belfort shared a cell with comedian&nbsp;<b>Tommy Chong,</b>who was incarcerated on drug-related charges. Chong encouraged Belfort to write his autobiography. After his release from prison in April 2006, his memoir “The Wolf of Wall Street” was acquired by&nbsp;<b>Random House</b>&nbsp;for $500,000 and became a critically acclaimed best-seller upon its 2007 publication. A second book, “Catching the Wolf of Wall Street,” was published in 2009.</p>\n<p>The film version of “The Wolf of Wall Street” brought Belfort a new degree of pop culture recognition and helped in his post-prison career as&nbsp;<b>a motivational speaker.</b></p>\n<p>These years have not been without controversy. Prosecutors have accused him of failing to compensate the victims of his crimes and pocketing lucrative speaking fees instead of channeling them to his restitution requirements. But the federal government overplayed its hand by accusing him of fleeing to Australia to hide his wealth and avoid paying taxes — Belfort received&nbsp;a public apology for the release of that misinformation.</p>\n<p><b>Belfort filed a $300 million lawsuit against Red Granite,</b>the production company that purchased the film rights to “The Wolf of Wall Street,” after it was exposed that the deal was financed with questionable funds from Malaysia. Belfort insisted he would never have transacted with the company if he was aware of the dirty money that financed its operations.</p>\n<p>Last month, Belfort posted a photo on his Facebook page that found him happily engaged in a poker game on a yacht’s casino table while a half-dozen cuties in bathing suits holding champagne glasses posed behind him. The message that accompanied the photo said,<b>“If you want to be rich, never give up... If you have persistence, you will come out ahead of most people... When you do something, you might fail... Do it differently each time... and one day, you will do it right. Failure is your friend.”</b></p>\n<p>For ex-FBI agent Greg Coleman, Belfort’s phoenix-like rise from the ashes of his own making represented the worst possible conclusion. Coleman&nbsp;considered Belfort’s ability to profit from his swindling and sourly told New York magazine ahead of “The Wolf of Wall Street” film premiere,<b>\"Crime pays.\"</b></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-07 08:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”\nBelfort’s breezy pronouncement came as part of the ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119792130","content_text":"Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”\nBelfort’s breezy pronouncement came as part of the publicity drumming for the release of Martin Scorsese’s film version of Belfort’s autobiography“The Wolf of Wall Street,”which starred Leonardo DiCaprio as Belfort.\nThe New York article also featured input from Greg Coleman,the FBI special agent responsible for Belfort’s arrest for fraud and stock market manipulation. From Coleman’s perspective, Belfort wasn't worthy of movie star-level worship.\n“From a moral perspective, he was a reprehensible human being,” Coleman said about Belfort. “Admiration would be the wrong word, but from the perspective of manipulating the market, he’s one of the best there is.”\nA Kick In The Teeth:A native of New York City, Belfort was born in 1962 in the Bronx and raised in the Bayside section of Queens. Both of his parents were accountants who stressed the value of education and maturity.\nBelfort received a degree in biology from American University and saw his career path in dentistry. He made money to pursue his dental studies by selling Italian ices on a beach in Queens and enrolled in the University of Maryland School of Dentistry.\nHe dropped out after the first day of studies when the dean of the school made the astonishing pronouncement: “The golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place.\"\nBut what was the right career for making money?\nBelfort returned from his day in dental school and found work as a door-to-door salesman in Long Island, where he sold meat and seafood. He started to grow a business based on this endeavor, but the effort failed to click and he wound up filing for bankruptcy by the time he was 25.\n“I was pretty talented,” he would later recall about this unsuccessful venture. “But the margins were too small.”\nHowever, a family friend pointed him to a position as a stockbroker broker trainee with the Manhattan-based firmL.F. Rothschild,but he lost that position when the firm experienced financial difficulty after the 1987 stock market crash.\nHe took positions with other firms including D.H. Blair and F.D. Roberts Securities and Investors Center — the latter was apenny stockbrokerage shut down in 1989 by the U.S. Securities and Exchange Commission (SEC) one year after Belfort joined its staff.\nDiscouraged at working for others in unstable environments, Belfort decided to turn entrepreneur and create his own financial operations, and that’s when the would-be dentist started his career lycanthropy into becoming the Wolf of Wall Street.\nThe Kodak Pitch:In 1989, the 27-year-old Belfort teamed with 23-year-old Kenneth Greene,a fellow Investors Center employee who previously drove one of Belfort’s trucks during his meat selling days.\nThe pair opened their own brokerage in a spare office in a Queens car dealership and then arranged to set up a franchise of Stratton Securities,a small broker-dealer operation.\nThe duo seemed to strike gold quickly. Within five months of starting their franchise, they accumulated $250,000 and were able to buy Stratton Securities for themselves, renaming it Stratton Oakmont and establishing an operations center in Lake Success, a Long Island town which was best known as the first site of the United Nations headquarters before its Manhattan campus was constructed.\nBy 1991, Stratton Oakmont generated $30 million in commissions from a 150-person workforce. Many of his team members were twentysomethings from blue-collar backgrounds eager to make a maximum amount of money in a minimal amount of time.\nBelfort also enjoyed his first brush with fame in 1991 via a profile inForbesthat harshly displayed his virtues and vices. On the plus side, the Forbes coverage offered insight into Belfort’s instruction on teaching his eager young employees the art of cold-calling potential investors.\nUsing a technique he dubbed the“Kodak pitch,”Belfort instructed his brokers to begin their telephone spiel with a blue-chip stock such as Eastman Kodak before doing a hard-sell on obscurepenny stocks.\nBelfort also insisted that his brokers refuse to take no for an answer, offering them the mantra“Whip their necks off, don't let ‘em off the phone.”\nBelfort’s team took his lessons to heart: Forbes reported they were, on average, earning $85,000 a year.\nYet Forbes also highlighted Stratton Oakmont’s loosey-goosey approach to ethical operations, noting that the SEC began investigating the brokerage in its first year of operations over questionable sales and trading practices. Indeed, the magazine detailed several examples of pump-and-dump efforts by the Stratton Oakmont team that drove up prices on penny stock shares before selling them at their artificially inflated peak.\nForbes diplomatically declined to identify Stratton Oakmont as a “boiler room,” but it was obvious what was taking place.\nNoting these antics, along with the SEC’s receipt of customer complaints, Forbes dubbed Belfort as “a kind of twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers.” Belfort defended his actions, claiming, “We contact high-net-worth investors. I couldn't live with myself if I was calling people who make $50,000 a year, and I'm taking their child's tuition money.”\nAlso cited in his media debut was Belfort’s automobile, a $175,000 Ferrari Testarossa.This lavish hedonism was the start of a trend that would shape and then disfigure Belfort’s life.\nAin’t We Got Fun?Besides the SEC, Stratton Oakmont had been under watch by the National Association of Securities Dealers, the forerunner of today’s Financial Industry Regulatory Authority, right after its founding. Yet Stratton Oakmont was not expelled from the NASD until 1996 and Belfort was not indicted for securities fraud until 1999.\nIn the years between his Forbes profile and his arrest, Belfort engaged an extravagant form of slow-motion, self-immolation fueled by drug addictions and financed by his pump-and-dump business.\n“I suffered from a disease called ‘more,’ he would lament in retrospect. “No matter how much I had, I wanted more.You don't lose your ethics all at once.It happens very slowly and, almost imperceptibly, you know you're doing things right and one day you step over the line.”\nWell, Belfort certainly went very much over that proverbial line. Financially, he was far ahead of the average American — at the peak of his earning power, he pocketed $50 million per year.\nBelfort’s wealth enabled him to purchase luxury residences and expensive toys that he had a strange habit of destroying, such as a luxury yacht once belonging to iconic designer Coco Chanel which he sank in a storm off the Sardinian coast in 1996; a Mercedes he totaled while driving high on quaaludes; and a helicopter that he somehow crash-landed on the front lawn of one of his mansions.\nThe damage he inflicted on his property was mirrored by the insanity his drug habit inflicted on his body. “It was just like coke, coke, coke all day and I was like, ‘Screw you I don't have a problem,’” he would recall, adding, “I was like Al Pacino in ‘Scarface’ with a pile of cocaine. That's what my life had descended to.”\nThe Inevitable Downfall:Belfort’s luck began to slowly fray by 1994 when he reached an agreement with the SEC that required a lifetime ban from the securities industry. But he circumvented the prohibition by continuing to conduct business throughDanny Porush,his right-hand man at Stratton Oakmont.\nBelfort also played fast with the rules in arranging the 1993 initial public offering for childhood friend Steve Madden’s shoe company.Madden would become entangled in Belfort’s schemes, including a deal to secretly buy and sell stock in Stratton deals on behalf of Porush, who was legally limited in trading stocks in those companies, and a secret arrangement to provide Belfort with a majority stake in his company despite the NASD’s severe restrictions on Belfort’s actions.\nDespite evidence of finance chicanery, Belfort’s downfall began with the arrest of his drug dealer, a martial artist namedTodd Garrett,who was caught with $200,000 in cash from Belfort and Porush destined to be secretly transported to Switzerland. One year later, a French private banker who worked for a Swiss bank was arrested in Miami as part of a money-laundering scheme. In exchange for a lighter prison sentence, he identified his clients and cited Belfort and Porush.\nOn Sept. 2, 1998, Belfort was arrested for conspiracy to commit money laundering and securities fraud that resulted in 1,513 investors being swindled out of more than $200 million.After a week in custody, Belfort agreed to cut a deal with law enforcement agencies and agreed to wear a wire and record conversations with business associates who were under investigation.\nBelfort’s work as an informant brought dozens of financial professionals and lawyers into prison, but he was not spared from incarceration. Although sentenced to four years in prison in 2003, he only served a 22-month sentence. He was also ordered to pay a $110 million fine.\nA Stellar Encore:While serving his prison sentence, Belfort shared a cell with comedian Tommy Chong,who was incarcerated on drug-related charges. Chong encouraged Belfort to write his autobiography. After his release from prison in April 2006, his memoir “The Wolf of Wall Street” was acquired by Random House for $500,000 and became a critically acclaimed best-seller upon its 2007 publication. A second book, “Catching the Wolf of Wall Street,” was published in 2009.\nThe film version of “The Wolf of Wall Street” brought Belfort a new degree of pop culture recognition and helped in his post-prison career as a motivational speaker.\nThese years have not been without controversy. Prosecutors have accused him of failing to compensate the victims of his crimes and pocketing lucrative speaking fees instead of channeling them to his restitution requirements. But the federal government overplayed its hand by accusing him of fleeing to Australia to hide his wealth and avoid paying taxes — Belfort received a public apology for the release of that misinformation.\nBelfort filed a $300 million lawsuit against Red Granite,the production company that purchased the film rights to “The Wolf of Wall Street,” after it was exposed that the deal was financed with questionable funds from Malaysia. Belfort insisted he would never have transacted with the company if he was aware of the dirty money that financed its operations.\nLast month, Belfort posted a photo on his Facebook page that found him happily engaged in a poker game on a yacht’s casino table while a half-dozen cuties in bathing suits holding champagne glasses posed behind him. The message that accompanied the photo said,“If you want to be rich, never give up... If you have persistence, you will come out ahead of most people... When you do something, you might fail... Do it differently each time... and one day, you will do it right. Failure is your friend.”\nFor ex-FBI agent Greg Coleman, Belfort’s phoenix-like rise from the ashes of his own making represented the worst possible conclusion. Coleman considered Belfort’s ability to profit from his swindling and sourly told New York magazine ahead of “The Wolf of Wall Street” film premiere,\"Crime pays.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891916570,"gmtCreate":1628316514190,"gmtModify":1703505019616,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>[What]&nbsp;[What]&nbsp;[What]&nbsp;[What]&nbsp;","text":"$AMC Entertainment(AMC)$[What] [What] [What] [What]","images":[{"img":"https://static.tigerbbs.com/34fc8facbe985c17b64999d0b6003027","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/891916570","isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":891918614,"gmtCreate":1628316451538,"gmtModify":1703505017988,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile] [Smile] [Smile] [Smile] [Smile]","images":[{"img":"https://static.tigerbbs.com/592aca026e6f81d6e5d6834c7d7b0ab5","width":"1125","height":"2992"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/891918614","isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893117625,"gmtCreate":1628245794767,"gmtModify":1703503878821,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","text":"$AMC Entertainment(AMC)$[Smile] [Smile] [Smile] [Smile]","images":[{"img":"https://static.tigerbbs.com/e42982ca447dc0e6afc2618ed8df1d25","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893117625","isVote":1,"tweetType":1,"viewCount":428,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893114337,"gmtCreate":1628245729129,"gmtModify":1703503876853,"author":{"id":"3576024520094293","authorId":"3576024520094293","name":"Lauuu","avatar":"https://static.tigerbbs.com/02c1a1e93d0024ed67162afaf9bd827e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576024520094293","authorIdStr":"3576024520094293"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893114337","repostId":"1135651416","repostType":4,"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}