Boiler Room
A college dropout gets a job as a broker for a suburban investment firm, which puts him on the fast track to success, but the job might not be as legitimate as it sounds.
- Director:Ben Younger
- Genre:Crime / Drama / Thriller
- Runtime:119 minutes
Cast
Giovanni Ribisi : Seth Davis
Vin Diesel : Chris Varick
Nia Long : Abbie Halpert
Nicky Katt : Greg Weinstein
Scott Caan : Richie O’Flaherty
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The film takes a look at the world of “Boiler Room” (seedy, dishonorable, and often fraudulent) brokerage firms. The film centers on college dropout Seth Davis (Ribisi), a budding underground casino owner from Queens, New York, who gets a job at J.T. Marlin, a less-than-reputable brokerage firm. However at the time, Seth is totally unaware of the firm’s criminal reputation. Davis’ opposition to his disapproving federal judge father drives the plot as Davis goes deeper into the operation at J.T. Marlin than he’d like, learning how the firm scams its clients. The company is a chop shop brokerage firm that runs a “pump and dump”, using its brokers to create artificial demand in the stock of defunct companies by cold calling investors and selling them shares at prices set by the brokerage firm, which include a large commission to the brokers (up to three dollars a share for a penny stock). When the firm is done pumping the stock, the investors then have no one to sell their shares to in the market, and the price of the stock plummets. As Seth learns more about the firm, he realizes he needs to get out. When the FBI confronts him, he agrees to help them bring down the firm. Feeling the guilt about the many affluent investors – “whales” – that he unknowingly lied to and scammed, he tries to help one client who could not afford to be scammed in the first place.
The DVD release includes an alternate ending that implies a workplace massacre by one of the cheated clients. Read more
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