The Wolf of Wall Street

Once upon a time ago, in the bull market of the 1990's there lived a man named Jordan Belfort that made millions on Wall Street as a stockbroker by ripping people off. He was jailed and stripped of his assets and has recently been released. Now, he wishes to share his story to his rise of fame and dramatic fall in his new book, The Wolf of Wall Street.

It's amazing how that part of the business works.

Check out the book--it's a great read and I can't wait for the movie.

Viva Narcissism!

A news segment on Jordan Belfort and his greedy empire:


A clip of Belfort addressing his brokers:

25th Hour Broker Scene

More finance stuff.

Enjoy!

When Times Were Good on the Street

With Bonus Time Around the Corner Opt for a Bentley, er Breitling . . .

For all of you young professionals on the Street, I know you have been working hard through these horrible times in the market. However, we still only have a few more months to go to get our year end bonus--HORAY!

So, what do I suggest you do with some of that bonus. Go out and get yourself a Breitling for Christmas and pat yourself on the back for another year of grinding it out on the Street.

I personally like, and have my eyes set on, the Breitling for Bentley:

Food Network Uses Subliminal Messaging

Jim Kramer - Bear Stearns Is Fine???

Damn, did he really say this? I guess we can't win them all . . .

Palin Being a Moron Again . . .

Nothing new . . .

FRIDAY HUMOR: McDonald's Racist Commercials!

They should be ashamed of themselves over at Mickey D's! lol

Matt Damon Calls Sarah Palin's Ticket a "Really Bad Disney Movie"

Which, kind of makes sense . . . lol

The Government Bails out AIG

Looks like the United States Government finally realized the financial mayhem that would have been caused if it would have allowed AIG to fail. The government decided to bail out the large insurer by offering them an $85 billion short-term bridge loan.

I guess now most people are wondering why the let Lehman die and not AIG. Well, the answer is obvious. Lehman just doesn't matter. Too many firms worldwide have exposure to AIG and imagine the collapse that would come if it would have failed. Yup, lots of payouts of credit default swaps. Hey, let's not forget that it was the repo market that ultimately put the bullet in Lehman's head.

Well, Uncle Sam, you've saved the world for now . . .

GOD BLESS AMERICA!

AIG is the Next to Blow!

With the fall of Lehman and the recent acquisition of Merrill Lynch it now looks like another firm in the financial services industry is about to go under.

Word on the street was that AIG had about 48 - 72 hours to live if it couldn't raise a few billion dollars within this time frame. Well, they were downgraded and have to raise about $75 billion to survive.

The world is dying . . .

"Damn, I told you we should have cashed that damn check!"

COVER OF TODAY'S JOURNAL

Pretty scary stuff

Bank of America and Merrill Lynch to Merge?

The Wall Street Journal Online reports that Merrill Lynch and BofA are in talks to merge. Personally, I think this sucks; but, if it's for the better good of mankind then let it be.

LEHMAN BROTHERS IS DONE!!!

Barclay's recently announced that they are walking away from talks to purchase the ailing investment bank. Now, with no purchaser, we could be awaiting a market meltdown in the morning.

Curious to see how this plays out . . .

Throwback Video - Common "I Used to Love H.E.R."

FRIDAY HUMOR: Is Gordon From Sesame Street a Reformed Pimp?

Remember Gordon from the old-school Sesame Street back in the day?



Well, here's Gordon's secret past!

More Wall Street Humor: The Dull Life of a City Stockbroker

Funny to see how the British view the world of finance careers. Here's a funny skit from an old Monty Python episode about a City (British version of Wall Street) stockbroker:

ALBUM REVIEW: I Pledge Allegiance to the Grind II

I know that Killer Mike is not the best rapper out these days. Actually, he is kind of whack, but okay listen to (kind of like KAnYe). That's probably why Outkast kept him on the back burner. Andre shunned him and Big Boi had some mercy and brought him over to Purple Ribbon. Eventually he caught beef with Big Boi and decided to venture out on his own hence the I Pledge Allegience to the Grind series.

I've never heard Part 1; however, I decided to go out buy Part 2 (don't ask me why) and the album is actually hot. The production is dope and the guest appearances, which range from Shawty Low to Ice Cube to Eightball and MJG to Chamillionaire are on point (no signs of the Dungeon Family though). The album is actually a banger. Though, I could imagine it getting more bump in the south than up here in New York; but, hey . . .

If you have an open mind and/or have been wondering what Killer Mike has been up to lately then check out "I Pledge Allegiance to the Grind: Vol 2". Trust me when I say you will be pleasantly surprised with the results.

Happy Monday . . .

today . . .

. . . and tomorrow

STOP SNITCHIN!"

Banker Goes Crazy and Destroys Office!

An investment banking associate goes crazy and trashes his office after he learns that he won't only be missing out on a bonus this year; but, he's not getting promoted to VP.

It sucks, but it's funny as hell how he gets his @ss kicked at the end.