It seems crime pays… or “committing crimes, writing about them, having them adapated into a screenplay, and made into an oscar-winning movie” pays. Jordan Belfort, the “Wolf of Wall Street”, as Bloomberg reports, expects to make more money this year than he “ever made in his best year as a broker.” Having spent 22 months in jail in the 1990s, Belfort comments that ‘my goal is to make north of a $100 million so I am paying back everyone this year,” and adds some remarkably irresponsbible philosophy given the markets today and the world in which we are told we live in… “Greed is not good. Ambition is good, passion is good.” How do we BTFD if we are not greedy? 

As Bloomberg reports, Jordan Belfort, whose memoir “The Wolf of Wall Street” was turned into a film by Martin Scorsese, expects to earn more than he made as a stockbroker this year, allowing him to repay the victims of his financial fraud.

  

“I’ll make this year more than I ever made in my best year as a broker,” Belfort told a conference in Dubai today. “My goal is to make north of a $100 million so I am paying back everyone this year.”
 
Belfort, a motivational speaker, will use his earnings from a 45-city speaking tour in the U.S. to repay about $50 million to investors. That was his share of the fine, he said. (more…)