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The wolf of wall street lessons essay
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Jordan Belfort, a multi-million dollar scam artist who travelled the road to riches. While travelling this journey, he established many relationships that helped him reach such destination. The memoir The Wolf of Wall Street portrays the relationships and influences people had on Jordan and vice versa. The three biggest influences that Jordan encountered were Mark Hanna, Danny Porush and Nadine Belfort.
Jordan was constantly living under pressure from stocks and whether they rise or not, he often resorted to narcotics to relieve some tension. In fact, drugs played such a huge role in his life because he constantly brags that “I could sedate Guatemala for over a month!” But Jordan wasn’t always a drug fiend; in fact he was introduced to cocaine by his mentor, Mark Hanna. But through time Jordan found that cocaine alone didn’t satisfy his cravings and he needed something stronger. Later in his journey he is found using up to seven drugs at any given time.
“On a daily basis, I consume enough drugs to sedate Guatemala for a month. I take Quaaludes 10-15 times a day for my back pain, Adderall to stay focused, Xanax to take the edge off, pot to mellow me out, cocaine to wake me up again, and morphine…because it’s awesome! ” (Belfort, 29)
Jordan found many different ways to attain these drugs. Quaaludes after all were banned and cost a fortune to possess. He often states drugs were used for specific problems with his body but in actuality they were his way to relieve stress. And Jordan often used them in public. This was another negative characteristic that Jordan picked up off of Mark Hanna. Mark Hanna would often treat Jordan to lunch and often snort cocaine in the middle of the restaurant as if nothing was wrong.
“A moment later I f...
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...the “Duchess of Bay Ridge”.
““Maybe I should go and hide,” she equipped “Or maybe I’ll just stay here and kick your ass!” The last few words she screamed. Well, maybe she was boss. Either way, she was definitely earned her scene with me; there was no denying that. And the Duchess of Bay Ridge had a vicious temper.” (23)
But through her efforts to keep Jordan in check, he still managed to get caught for his crimes. This led to him being arrested and the Stratton Oakmont stock market was terminated. He was put under house arrest until his trial.
Jordan was to serve 22 months for money laundering and securities fraud. One thing he did learn along his journey was “There’s no nobility in poverty. I’ve been a poor man, and I’ve been a rich man. And I choose rich every time!” (518)
Works Cited
Belfort, Jordan. The Wolf of Wall Street. New York, NY: Bantam, 2007. Print.
David Sheff starts the story of his family with Nic’s birth and goes all the way long to the present days when his son had survived several years of drug abuse, rehabilitations and relapses. Sheff confesses that his son started to use different kinds of drugs when he was very young. At the age of 11 he would try alcohol and some pot. “In early May, I pick Nic up after school one day …When he climbs into a car I smell cigarette smoke. I lecture him and he promises not to do it again. Next Friday after school…I am packing an overnight bag for him and look for a sweater in his backpack. I do not find a sweater, but instead discover a small bag of marijuana.” (Sheff, 200...
Almost one hundred years ago, prescription drugs like morphine were available at almost any general store. Women carried bottles of very addictive potent opiate based pain killers in their purse. Many individuals like Edgar Allen Poe died from such addictions. Since that time through various federal, state and local laws, drugs like morphine are now prescription drugs; however, this has not stopped the addiction to opiate based pain killers. Today’s society combats an ever increasing number of very deadly addictive drugs from designer drugs to narcotics to the less potent but equally destructive alcohol and marijuana. With all of these new and old drugs going in and out of vogue with addicts, it appears that the increase of misuse and abuse is founded greater in the prescription opiate based painkillers.
Drug in the American Society is a book written by Eric Goode. This book, as the title indicates, is about drugs in the American Society. It is especially about the misuse of most drugs, licit or illicit, such us alcohol, marijuana and more. The author wrote this book to give an explanation of the use of different drugs. He wrote a first edition and decided to write this second edition due to critic and also as he mentioned in the preface “there are several reason for these changes. First, the reality of the drug scene has changed substantially in the past dozen or so years. Second much more information has been accumulated about drug use. And third, I’m not the same person I was in 1972.”(vii). The main idea of this book is to inform readers about drugs and their reality. In the book, Goode argued that the effect of a drug is dependent on the societal context in which it is taken. Thus, in one society a particular drug may be a depressant, and in another it may be a stimulant.
“Bartleby, The Scrivener: A Story Of Wall-Street” is a story with many different elements of literature. The author explores the use of choice, chilling isolation, and diverse linguistic phrases to create an intense atmosphere of theme and morality.
Addiction is one of the hardest difficulties to overcome, yet people often find themselves caught in the world wind of addiction. We all ask the question to what makes a person an addict, or why is it so hard for drug addicts to overcome this problem. However, can we say that getting a hold of drugs is much easier in today’s society, or is it made available to easily. In this day and age, heroine seems to be a major epidemic; furthermore, opiates have been around for centuries. Therefore, people have been battling addiction for as long as opiates have been around. In Drugstore Cowboy, the film takes a look into the life of four people who rob drugstores in order to support
The Wolf of Wall Street is based on the life and also the author, Jordan Belfort. Jordan becomes discontent with his everyday life and realizes his talent for selling. As he continuously gains more money, he begins using more drugs. Way more drugs. Jordan starts his own brokerage firm named Stratton-Oakmont. Jordan hires a staff of, well, criminals to help him sell cheap stocks. They would sell all of these cheap stocks to their customers, then Belfort would buy large amounts of these stocks, running up the price, and then dump it. Finally, Jordan begins running into a lot of legal trouble as the FBI is on to the ways his brokerage firm works. Although Belfort has the FBI watching him very closely, he continues to spend huge sums of money on things such as boats, cars, houses, strippers/hookers, and last, but certainly not least, drugs. As Jordan’s already massive drug problem continues to escalate, he has to keep a very large portion of his money in a European account to hide it from the Feds. Belfort ends up going to prison for 22 months for fraud of his
drugs to the fold as a necessity for being able to attain more. Leaps away from
Conrad Black was caught illegally taking money out of Hollinger’s account and spending it on luxurious items. He would be arrested for laundering in the year of 2007. Conrad faced a max of 35 years in prison but he got lucky. He was sentenced to six and a half years, but in 2011, two charges were overturned and it was reduced to 42 months, with mail fraud and obstruction of justice. Mail fraud, or wiring fraud, is when one illegally deprives money from someone through mail. Obstruction of justice is when the suspect tries to convince anyone against them to help them. Conrad had stolen $80 million from Hollinger inc. before getting arrested.
New York: McGraw Hill/Irwin, 2012. Print. The. The "Jordan Belfort Biography." Bio.com.
Cocaine use makes the fight center in the limbic center hyper-activated, as well as the emotional triggers are over stimulated, which makes sense as to why Jordan slaps his wife and then tries to kidnap his own child after snorting cocaine. All of this rage and emotion were running through him and it made him explode. They also state that cocaine raises the heart rate and constricts blood vessels, Jordan’s physical state showed signs of heart rate acceleration and then he would do another line of cocaine. Throughout the movie, cocaine was used which meant that Jordan was a compulsive cocaine user. Inaba, Cohen and Pharm (2014) state that besides hereditary and environmental vulnerability, like Jordan’s case of stress with the FBI investigating him, people use cocaine compulsively to recapture that first rush they had, cocaine changes the way the brain works and, therefore, makes it more vulnerable to cravings, and to control the symptoms of depression. I think this movie shows every stage of cocaine use. From when he had stress, so he had to find a way to cope, to feeling the symptoms, to leading to other drugs, to getting in trouble with the law, to finally trying to sober up. What is great about this movie is that it shows something that can happen to someone and as well was based on something that actually happened
This case illustrated that there were real consequences to white collar crime. In addition to paying the fifty million dollar fine, he relinquished another fifty million dollars of his illegal trading profits. (He still had millions remaining, however, from his illegal gains.) His actual prison sentence was three years, yet he served only twenty-two months in the federal prison at Lompoc, California, which was known to have a “country-club” atmosphere.
Drug abuse dates as far back as the Biblical era, so it is not a new phenomenon. “The emotional and social damage and the devastation linked to drugs and their use is immeasurable.” The ripple of subversive and detrimental consequences from alcoholism, drug addictions, and addictive behavior is appalling. Among the long list of effects is lost productivity, anxiety, depression, increased crime rate, probable incarceration, frequent illness, and premature death. The limitless consequences include the destruction to personal development, relationships, and families (Henderson 1-2). “Understandably, Americans consider drug abuse to be one of the most serious problems” in the fabric of society. And although “addiction is the result of voluntary drug use, addiction is no longer voluntary behavior, it’s uncontrollable behavior,” says Alan Leshner, director of the National Institute on Drug Abuse (Torr 12-13).
The use of drugs is a controversial topic in society today. In general, addicts show a direct link between taking drugs and suffering from their effects. People abuse drugs for a wide variety of reasons. In most cases, the use of drugs will serve a type of purpose or will give some kind of reward. These reasons for use will differ with different kinds of drugs. Various reasons for using the substance can be pain relief, depression, anxiety and weariness, acceptance into a peer group, religion, and much more. Although reasons for using may vary for each individual, it is known by all that consequences of the abuse do exist. It is only further down the line when the effects of using can be seen.
Drug abuse has been a hot topic for our society due to how stimulants interfere with health, prosperity, and the lives of others in all nations. All drugs have the potential to be misapplied, whether obtained by prescription, over the counter, or illegally. Drug abuse is a despicable disease that affects many helpless people. Majority of those who are beset with this disease go untreated due to health insurance companies who neglect and discriminate this issue. As an outcome of missed opportunities of treatments, abusers become homeless, very ill, or even worst, death.
Drug abuse and addiction not only has negative effects in the lives of the people involved, but also in the lives of their close relatives, friends and immediate society. It leads to disintegration, failure in school, loss of employment and violence. Although intake of drugs is a voluntary and conscious decision initially, continuous intake of drugs changes the brain and challenges the self-control of the “addicted person” and inhibits the ability to resist extreme desire for drug intake.