Lyle Stankus

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About Lyle Stankus

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Jordan Belfort, often called the Wall Street Wolf, from his previous books, lifestyle, business and now film, was born to accountant parents Max and Lear Belfort in 1962. Jordan is renowned for founding a stock broking firm on Wall Street during the 1990s, Stratton Oakmont, although, Jordan's business was based on Long Island not Wall Street. Jordan's sales pitch combined with the conviction to become famous and rich, lead him to found Stratton Oakmont, the brokerage company sold unsuspicious investors valueless stocks then left them in the dark when those investments crashed. The racket led to a 22 month term in jail and Jordan was forced to repay those he had defrauded. Whilst operating Stratton Oakmont, he earned more than one billion dollars, with the help of over one-thousand loyal staff he hired to sell penny stocks to investors. Both he and his staff became wealthy quickly, and enjoyed the trappings of their success; taking drugs and partying non stop. Look at this to learn more

Lyle Stankus joined the JazzTimes community on Dec 29, 2013