Jordan Belfort - The Wolf of Wall Street

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“A cocky bad boy of finance recalls… [his] career as a master of his own universe…. A hell of a read.”

“A memoir that reads like fiction…. [concerning] the vast amount of sex, drugs and risky physical behavior Belfort managed to survive.”
— Turned into a major motion picture directed by Martin Scorsese and starring Leonardo DiCaprio NEW YORK TIMES
By day he made thousands of dollars a minute. By night he spent it as fast as he could, on drugs, sex, and international globe-trotting. From the binge that sank a 170-foot motor yacht and ran up a $700,000 hotel tab, to the wife and kids waiting at home, and the fast-talking, hard-partying young stockbrokers who called him king and did his bidding, here, in his own inimitable words, is the story of the ill-fated genius they called…
THE WOLF OF WALL STREET In the 1990s Jordan Belfort, former kingpin of the notorious investment firm Stratton Oakmont, became one of the most infamous names in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of the canyons of Wall Street and into a massive office on Long Island. Now, in this astounding and hilarious tell-all autobiography, Belfort narrates a story of greed, power, and excess that no one could invent.
Reputedly the prototype for the film
Stratton Oakmont turned microcap investing into a wickedly lucrative game as Belfort’s hyped-up, coked-out brokers browbeat clients into stock buys that were guaranteed to earn obscene profits—for the house. But an insatiable appetite for debauchery, questionable tactics, and a fateful partnership with a breakout shoe designer named Steve Madden would land Belfort on both sides of the law and into a harrowing darkness all his own.
From the stormy relationship Belfort shared with his model-wife as they ran a madcap household that included two young children, a full-time staff of twenty-two, a pair of bodyguards, and hidden cameras everywhere—even as the SEC and FBI zeroed in on them—to the unbridled hedonism of his office life, here is the extraordinary story of an ordinary guy who went from hustling Italian ices at sixteen to making hundreds of millions. Until it all came crashing down…

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I winked at the Duchess and motioned to the intercom button with my eyebrows. “Off or on?” I whispered.

The Duchess looked up, and started chewing on the inside of her mouth. Then she shrugged. “You might as well leave it on.”

That’s my girl! I raised my voice and said, “Enjoy the royal show, Bob!” And with that, the sober Duke of Bayside, Queens, began making love to his wife, the luscious Duchess of Bay Ridge, Brooklyn, as if there were no tomorrow.

CHAPTER 39

SIX WAYS TO KILL AN INTERVENTIONIST

My dog needs an operation… my car broke down… my boss is an asshole… my wife’s a bigger asshole… traffic jams drive me crazy… life’s not fair… and so forth and so on…

Yes, indeed, it was drizzling something awful in the rooms of Alcoholics Anonymous in Southampton, Long Island. I’d been home for a week now, and as part of my recovery I’d committed to doing a Ninety-in-Ninety, which is to say: I had set a goal to attend ninety AA meetings in ninety days. And with a very nervous Duchess watching me like a hawk, I had no choice but to do it.

I quickly realized it was going to be a very long ninety days.

The moment I stepped into my first meeting, someone asked me if I’d like to be the guest speaker, to which I’d replied, “Speak in front of the group? Sure, why not!” What could be better than that? I figured.

The problems started quickly. I was offered a seat behind a rectangular table at the front of the room. The meeting’s chairperson, a kind-looking man in his early fifties, sat down beside me and made a few brief announcements. Then he motioned for me to begin.

I nodded and said, in a loud, forthright voice, “Hi, my name is Jordan, and I’m an alcoholic and an addict.”

The room of thirty or so ex-drunks responded in unison: “Hi, Jordan; welcome.”

I smiled and nodded. With great confidence, I said, “I’ve been sober for thirty-seven days now and—”

I was immediately cut off. “Excuse me,” said an ex-drunk with gray hair and spidery veins on his nose. “You need to be sober ninety days to speak at this meeting.”

Why, the insolence of the old bastard! I was absolutely devastated. I felt like I’d gotten on the school bus without remembering to put my clothes on. I just sat there, in this terribly uncomfortable wooden chair, staring at the old drunk and waiting for someone to drag me off with a hook.

“No, no. Let’s not be too tough,” said the chairperson. “Since he’s already up here, why don’t we just let him speak? It’ll be a breath of fresh air to hear a newcomer.”

Impudent mumbles came bubbling up from the crowd, along with a series of insolent shrugs and contemptuous head-shakes. They looked angry. And vicious. The chairperson put his arm on my shoulder and looked me in the eyes, as if to say, “It’s okay. You can go on.”

I nodded my head nervously. “Okay,” I said to the angry ex-drunks. “I’ve been sober for thirty-seven days now and—”

I was cut off again, except this time by thunderous applause. Ahhh, how wonderful! The Wolf was receiving his first ovation, and he hadn’t even gotten going yet! Wait ’til they hear my story! I’ll bring the house down!

Slowly, the applause died down, and with renewed confidence I plowed on: “Thanks, everybody. I really appreciate the vote of confidence. My drug of choice was Quaaludes, but I did a lot of cocaine too. In fact—”

I was cut off again. “Excuse me,” said my nemesis with the spider veins, “this is an AA meeting, not an NA meeting. You can’t talk about drugs here, only alcohol.”

I looked around the room, and all heads were nodding in agreement. Oh, shit! That seemed like a dated policy. This was the nineties now. Why would someone choose to be an alcoholic yet shun drugs? It made no sense.

I was about to jump out of my chair and run for the hills, when I heard a powerful female voice yell, “How dare you, Bill! How dare you try to drive away this young boy who’s fighting for his life! You’re despicable! We’re all addicts here. Now, why don’t you just shut up and mind your own business and let the boy speak?”

The boy? Had I just been called a boy? I was almost thirty-five now, for Chrissake! I looked over at the voice, and it was coming from a very old lady wearing granny glasses. She winked at me. So I winked back.

The old drunk sputtered at Grandma, “Rules are rules, you old hag!”

I shook my head in disbelief. Why did the insanity follow me wherever I went? I hadn’t done anything wrong here, had I? I just wanted to stay sober. Yet, once again, I was at the center of an uproar. “Whatever,” I said to the chairperson. “I’ll do whatever you want.”

At the end of the day, they let me speak, although I left the meeting wanting to wring the old bastard’s neck. From there, things continued to spiral downward when I went to an NA—Narcotics Anonymous—meeting. There were only four other people in the room; three of them were visibly stoned, and the fourth had even fewer days sober than me.

I wanted to say something to the Duchess, to tell her that this whole AA thing wasn’t for me, but I knew she’d be devastated. Our relationship was growing stronger by the day. There was no more fighting or cursing or hitting or stabbing or slapping or water-throwing—nothing. We were just two normal individuals, living a normal life with Chandler and Carter and twenty-two in domestic help. We had decided to stay out in Southampton for the summer. Better to keep me isolated from the madness, we figured, at least until my sobriety took hold. The Duchess had issued warnings to all my old friends: They were no longer welcome in our house unless they were sober. Alan Chemical-tob received a personal warning from Bo, and I never heard from him again.

And my business? Well, without Quaaludes and cocaine, I no longer had the stomach for it, or at least not yet. As a sober man, problems like Steve Madden Shoes seemed easy to deal with. I’d had my lawyers file a lawsuit, while I was still in rehab, and the escrow agreement was now public. So far, I hadn’t gotten myself arrested over it, and I suspected I never would. After all, on the face of it, the agreement wasn’t illegal; it was more an issue of Steve having not disclosed it to the public—which made it his liability more than mine. Besides, Agent Coleman had faded off into the sunset long ago, hopefully never to be heard from again. Eventually, I would have to settle with the Cobbler. I had already resigned myself to that fact, and I no longer gave a shit. Even in my most depraved emotional state—just before I’d entered rehab—it wasn’t the money that had been driving me crazy but the idea of the Cobbler trying to snatch my stock and keep it for himself. And that was no longer a possibility. As part of a settlement he would be forced to sell my stock to pay me off, and that would be that. I would let my lawyers deal with it.

I had been home for a little over a week when I came home one evening from an AA meeting and found the Duchess sitting in the TV room—the very room where I had lost my twenty-gram rock six weeks ago, which the Duchess had now admitted to having flushed down the toilet.

With a great smile on my face, I said, “Hey, sweetie! What’s—”

The Duchess looked up, and I froze in horror. She was visibly shaken. Tears streamed down her face, and her nose was running. With a sinking heart, I said, “Jesus, baby! What’s wrong? What happened?” I hugged her gently.

Her body was trembling in my arms when she pointed to the TV screen and said through tears, “It’s Scott Schneiderman. He killed a police officer a few hours ago. He was trying to rob his father for coke money and he shot a policeman.” She broke down hysterically.

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