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The Wolf of Wall Street
Based on a true story that took place during the early 1990’s Wolf of Wall Street is about Jordan Belfort’s story. Belfort, played by Leonardo DiCaprio, partnered with a close group of friends and formed their own brokerage firm Stratford-Oakmont. Their company grew at an extreme rate going from a few close friends and expanding into a large major firm on Wall Street. As the company grows larger and more influential, Belfort and gang’s partying becomes larger and more lavish. They all become very lost the lifestyle of drug abuse and alcohol. As the company grows and the partying along with it so does the attention generated from outside sources. With all eyes on Belfort’s quick rise to riches he is featured on the cover of Forbes Magazine where he earned the title “The Wolf of Wall street”. The FBI takes interest when Belfort secured the IPO of Steve Madden, Ltd making millions in just three hours. In order to hide the money he had made illegally Belfort opens a Swiss bank account.
Saurel, one of Belfort’s employees was arrested in Florida two years later and tells the FBI everything ultimately leading to his collapse. Belfort agrees to wear a wire and collect information on his colleagues in exchange for leniency from the courts. While wearing the wire he slips Donnie a letter the next day warning him not to incriminate himself. When the FBI found out Belfort was then arrested and sent to prison for breaching his cooperation agreement. It is clear that Belfort had made a few unethical decisions throughout this event in his life.
John Mills, an advocate of the utilitarianism theory, says that happiness and pleasure are the only things of natural value and people should seek these feelings since it is something all are capable of obtaining. In order to better understand utilitarianism and its application here we should look at the effect on the clients. Jordan Belfort and company and
References: The Wolf of Wall Street [Motion picture on DVD]. (2013). USA: Paramount Pictures. The Wolf of Wall Street (2013). (n.d.). Retrieved May 27, 2015, from http://www.imdb.com Rosenstand, N. (2000). The moral of the story: An introduction to ethics (3rd ed.). Mountain View, Calif.: Mayfield.