A Boiler Room Essay

A Boiler Room Essay

Length: 729 words (2.1 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Some may have thought they would in or around the $1 range, and they trusted their broker was working in their best interest to help them make more money again. That is why they agreed. Other clients may have been hesitant about giving Stratton permission to spend their money without knowing how much they would get out of it. This was worrisome because they had already transferred their money to Stratton.
This is where we see Stratton Oakmont turn into a boiler room. Just as the movie depicted, Stratton brokers performed some intensive telephone selling by playing off the trust they had built with the client. Phrases like, “I had made you money before, and you don’t think I can do it again?” and “I’m never going to let you in on another IPO if you back out now!” were key to putting pressure on the clients to let employees take their money. They very much had the option of simply using the client’s money to buy off the stock regardless. However, if everyone had done this, it would have sent off too many red flags to the SEC. Therefore, they really had to hone their telemarketing skil...

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

A Boiler Room Essay

- Some may have thought they would in or around the $1 range, and they trusted their broker was working in their best interest to help them make more money again. That is why they agreed. Other clients may have been hesitant about giving Stratton permission to spend their money without knowing how much they would get out of it. This was worrisome because they had already transferred their money to Stratton. This is where we see Stratton Oakmont turn into a boiler room. Just as the movie depicted, Stratton brokers performed some intensive telephone selling by playing off the trust they had built with the client....   [tags: Stock market, Stock, Stock broker, Share price]

Better Essays
729 words (2.1 pages)

Comparing the Movies Wall Street and Boiler Room Essay

- Comparing the Movies 'Wall Street' and 'Boiler Room' Profit, profit and more profit - the golden pillars of capitalism. In the movies 'Wall Street' and 'Boiler Room' this is the ideology that the characters uphold. While, there are many variances in the two movies, the basic aim of both lead characters i.e. Gordan Gekko (Wall Street) and Seth Davis (Boiler Room) is to make money. Both men are stockbrokers who deal in high finance in the exclusive world of Wall Street. However, with both movies are set in different decades the way they go about doing so differs....   [tags: Film Compare Contrast Comparison]

Better Essays
715 words (2 pages)

Essay on Getting Inside The Living Room

- Stepping inside the living room, Rob found his dad watching TV alone. Without taking his eyes away from the screen, he asked, "Where were you. Your mom is worried." He looked up, waiting for his son 's reply, but upon seeing another person standing by his side, his expression turned to one of surprise. Seeing his mom step into the room, Rob said, "Mom, dad, this is Jane." "Hi!" Jane greeted them in a soft voice. Mary joined Dave in this short stroll through Surpriseville, and after a moment 's pause and silent but detailed scrutiny of her appearance and demeanor, they greeted her as though she passed their examinations with distinction....   [tags: Mother, English-language films, Mother insult]

Better Essays
2163 words (6.2 pages)

Essay on Interview Questions On How Long Have You Worked At This Company?

- Interview Questions 1. Name and Title: Barbara Obiedzinski, Office Manager 2. Name of Company: Philip J. Obiedzinski DPM PA 3. How long have you worked in this field?: 33 years 4. How long have you worked at this company?: 33 years 5. What were your steps to getting this position. (Previous experience): I previously worked in the insurance industry and when my husband went into practice it was obvious that I could be of help to him. I also love technology and started the office with electronic billing years ago....   [tags: Insurance, Boiler insurance, Risk]

Better Essays
1340 words (3.8 pages)

E.M. Forster's A Room with a View Essay

- When E.M. Forster wrote A Room with a View in 1903, he wasn’t pleased with it, stating it was “clear and bright and well constructed, but so thin.” (Macaulay, 2007:78). This novel has become one of Forster’s most famous and well liked books. It is a satirical romantic comedy that criticizes the world of polite manners and social rules, through amusing dry wit and hilarious characterization. It is a social satire criticizing conservative Victorian British society at the beginning of the twentieth century; at a time when the Edwardian more lax standard of codes was just beginning to take hold (Leah, 2012)....   [tags: A Room with a View Essays]

Better Essays
2218 words (6.3 pages)

Equipment Inside an Operating Room Essay

- The operating room, sometimes called the OR, is where surgery happens in a hospital. Having surgery can be called having an operation. One kind of surgery is having tubes put in the eardrums to prevent infection in your ears and improve hearing. Someone who gets tonsillitis might need a tonsillectomy. This is when the tonsils are taken out so that you don’t get a infection in your tonsils. This kind of surgery is scheduled ahead of time so you know when to go to the hospital. Surgery might need to be done as soon as possible if someone has something that can’t be fixed with a cast or right away....   [tags: surgery, operating room, nurses]

Better Essays
1147 words (3.3 pages)

The Red Room by H.G. Wells Essay

- The Red Room by H.G. Wells The title 'The Red Room' immediately attracts the reader's attention; it is symbolic but leaves unanswered questions. ?What is the red room?. Is this room dangerous. Overall the title raises so much curiosity wanting us to read on and find answers to our questions. Red is a very strong colour and is generally associated with blood, danger, warning, hell, and above all, fear, the title also shows the setting of the story. It makes you wonder why the room is called the red room and if it is actually red....   [tags: Red Room Wells Essays]

Better Essays
2599 words (7.4 pages)

Analysis of Baldwin's Giovanni's Room Essay

- Baldwin portrays sexual oppression in his novel entitled, Giovanni's Room. Sexual oppression is exemplified through individual homosexual white men who are unable to find happiness or contentment in themselves or in everyday relationships. In Baldwin's 'Everybody's Protest Novel' he writes, 'but our humanity is our burden, our life; we need not battle for it; we need only to do what is infinitely more difficult-that is, accept it.' Giovanni's Room is about each individual's need to accept their own humanity and societies need to embrace the universal theme of suffering....   [tags: Giovanni's Room Baldwin Oppression Essays]

Better Essays
1873 words (5.4 pages)

James Baldwin's Giovanni's Room Essay

- James Baldwin's Giovanni's Room James Baldwin’s novel Giovanni’s Room is titled such for the purpose of accentuating the symbolism of Giovanni’s room. Within the novel Giovanni’s room is portrayed with such characteristics as being Giovanni’s prison, symbolic of Giovanni’s life, holding the relationship between Giovanni and David, being a metaphor of homosexuality for David and being a tomb underwater. These different portrayals of Giovanni’s room are combined within the novel to create an overall negative metaphor of homosexuality as perpetuated by society....   [tags: James Baldwin Giovanni's room Essays]

Better Essays
2969 words (8.5 pages)

Emergency Room Overutilization Essay

- Emergency room over utilization is one of the leading causes of today’s ever increasing healthcare costs. The majority of the patients seen in emergency rooms across the nation are Medicaid recipients, for non-emergent reasons. The federal government initiated Medicaid Managed Care programs to offer better healthcare delivery, adequately compensate providers and reduce healthcare costs. Has Medicaid Managed Care addressed the issues and solved the problem. The answer is ‘Yes’ and ‘No’. Throughout the early 1980’s and 1990’s the Federal Medicaid program was challenged by rapidly rising Medicaid program costs and an increasing number of uninsured population....   [tags: Emergency Room Misuse]

Better Essays
1779 words (5.1 pages)