Belfort recalls how he drew $25,000 from the illegally earned funds in his checking account to help a hard-up broker pay her son’s tuition. Well in fact, The Wolf of Wall Street does depict that aspect. Why, they must be asking, do movies only portray the sleaze and never the good that market operators create for society? Some real-life Wall Streeters and other champions of free enterprise are probably grumbling that Hollywood has once again displayed its anti-business bias. Special Offer: Where should you invest in 2014? Download the new free report 12 Stocks To Buy For 2014 for ideas from top Forbes advisors. One calls it “bloated, redundant, vulgar, shapeless and pointless.” The naysayers say they cannot bring themselves to care about any of the characters and complain about the movie’s three-hour length. Thumbs-uppers particularly praise DiCaprio’s exuberant performance. It has received several rave reviews, as well as a few rips. None of these nitpicks will affect the success of Scorsese’s epic. Belfort’s memoir, on the other hand, gives the full title-“Duchess of Bay Ridge,” an ironic allusion to the trophy wife’s upbringing in a working-class section of Brooklyn. In the film, he dubs her “Duchess” in admiration for her beauty and as a nod to her maternal British ancestry. The dialogue also misrepresents the origin of the nickname that Belfort bestowed on his second wife. He used it as the title of his 2007 memoir.Īt least the screenplay shows a certain consistency in its inaccuracy. The phrase lingered in some people’s memories long enough to become associated-at which point it is unclear-with Belfort. In Tennessee Williams’s play, The Glass Menagerie, Amanda Wingfield recalls a suitor of her youth who “went North and made a fortune - came to be known as the Wolf of Wall Street!” The play, which debuted in 1944, is set in 1937. What we know for certain is that the phrase “The Wolf of Wall Street” was current long before Jordan Belfort’s birth in1962. The actual title of the 1991 Forbes article was Steaks, Stocks-What’s the Difference? (Reporter Roula Khalaf was alluding to Belfort’s earlier career as a meat salesman.) Based on these facts, we can reject the screenplay’s suggestion that Belfort adopted a nickname that Forbes intended as a sneer.
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