Boiler Room movie plot

2021-12-22 08:01
The core office of JT Marin Brokerage is called the "Boiler Room" by employees. Don't underestimate this place-20 millionaires can be born here in one night! It is in this "boiler room" that aggressively motivated young brokers use the phone to sell stocks and help them trade stocks for buyers who trust them. And they get paid for luxury apartments, Ferraris, and more luxurious gifts that they can't even imagine. In the ordinary land of Long Island , in the "boiler rooms" of countless brokerage companies, Generation X is realizing their dreams at an amazing speed, but sometimes they are only one step away from the law.
The 19-year-old Seth Davis was originally an ordinary person. He has only two dreams in his life: because of his poor family background, he hopes he can earn one million in the future; and because his father has always looked down on him since he was a child, he hopes when he can let his father look at him differently and become respectful of himself. How can these two dreams be realized? At first, Seth planned to start off by playing an illegal card with others, but he soon discovered that this path would not work at all. In the end, he decided to take a legal path: Join JT Marin Brokerage Company to be a broker, because the company promised to provide him with the "fastest path to success".
Becoming a "boiler room member" indeed seems to be an enviable career. Seth wore a suit every day and worked without sleep and food, and soon passed the stock broker certification exam with excellent results. With his busy spinning top all day long, in the process of constantly calling customers, constantly calculating and operating, and constantly recruiting new customers, Seth’s original dream-deposits in the bank and being a good son The wishes-seem to be fulfilled.
Soon Seth stood out among his colleagues with his intelligence and performance, and even the teacher Gregg, who was in charge of guiding him when he first started, began to feel jealous of him. He also started dating Dai Bi, the receptionist of the company. And with the deepening of the desire for money, like everyone in the "boiler room", Seth's greedy appetite has become bigger and bigger-he began to deceive investors who have always believed in him to sell to each other In fact, it is a stock they don't need at all, and they make huge profits from it.
However, when Seth saw that his colleagues were getting richer and his innocent clients were getting poorer and poorer, his conscience prevented him from being silent. At the same time, he also began to suspect that JT Marin Brokerage Company itself was carrying out ulterior and illegal operations. Facing the FBI’s request for cooperation, Seth realized that he was in danger of losing everything—not only could he lose his friends, his job, and the million-dollar salary promised to him by the company, but also his father’s trust. ! Is it to obey the call of conscience or to continue the drunken and dirty life of the past? Seth wandered between good and evil   .
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Extended Reading

Boiler Room quotes

  • Adam: [Exchanging money for poker chips] Give me four hundred

    Greg Weinstein: What about the betting?

    Seth Davis: What were you thinking?

    Greg Weinstein: I don't know, five hundred max?

    Seth Davis: We don't usually service that level of action but I hate to turn away a new customer the thing is we might not have enough cash to settle you at the end of the night.

    Greg Weinstein: That's ok you can just pay me tomorrow

    Seth Davis: How much you want?

    Greg Weinstein: [Tosses a roll of cash on the table] Five dimes

    Adam: You had to do it, make me look like I'm at the kiddie table

    Greg Weinstein: [to Adam] "The shoe fits,"kid

    Seth Davis: [to Greg] What denomination?

    Greg Weinstein: [to Seth] How about three Puerto Ricans, two chinks and a Guinea? I don't care, mix it up, whatever you want.

  • Seth Davis: [Narrating] I was living in Kew Gardens Hills running my "biz" giving the Queens College kids to do something in between classes I was doing well.

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