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Pastimes
BOILER ROOM - The Movie & Real Life
An SI Board Since February 2000
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17 2 0
Emcee:  LWolf Type:  Unmoderated
Introduction Compact
"Boiler Room" released 2/17/00 provides an inside view of the darker side of wall street. It's portrayed as the 'lowlife' investment houses. But.. there's also a recent book out, "License to Steal : The Secret World of Wall Street and the Systematic Plundering of the American Investor", 1999, where the practices of 'top' house firms are not that much different. An Amazon book reviewer names one of our more famous house's practices for pitching stocks, and it could be the house that someone in your family uses.

I thought I'd start this thread as a forum where folks might share their opinions or experiences with the brokerage communitity, or what they thought of the movie or the book.
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17 Sopranos' Actor Sentenced in New York Stock Scam NEW YORK (Reuters) - An acurrent trend-4/12/2000
16 AARP April 2000 Feature STOCK FRAUDS 'ON THE RISE' Boiler Room RogueLWolf-4/8/2000
15 I wouldn't know anything about any of that stuff. LOL! Yeah, they still Don Pueblo-3/3/2000
14 TLC.. did you see on the news this afternoon: the US Attorney General's offLWolf-3/2/2000
13 Mortimer...who was unconcerned about Randall's heart palpitations, if memorDon Pueblo-2/24/2000
12 LOL, which one of the Dukes was that? LPS5LPS5-2/24/2000
11 LOL! That's what they call "funkamental analysis". Don Pueblo-2/24/2000
10 Get those brokers back in here! Turn those machines back on! Don Pueblo-2/24/2000
9Message 12918818Intrepid1-2/24/2000
8 TLC, Or, as I have done a few times, string the brokers along with a couple ofLPS5-2/23/2000
7 I enjoyed the movie... It's not only realistic (to a certain extent (it cocAPSLOCK-2/23/2000
6 Certain firms have certain agreements with certain mutual funds. Not all firms Don Pueblo-2/23/2000
5 Well, I'm not sure if it's great story, but, how about when Ronald Reagwaldemar cyranski-2/23/2000
4 The movie might have been referencing a few years ago, but I can say that even LWolf-2/23/2000
3 <i> In 1953 Merril Lynch was doing exactly what the movie described. <Pink Minion-2/23/2000
2 I thought the Boiler Room was dated by its exclusive focus on Chop Shops. The wIntrepid1-2/23/2000
1 Great idea for a site! Now if only investing amatures would keep an eye on thiswaldemar cyranski-2/22/2000
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