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In 1987, Jordan Belfort procures a job as a Wall Street stockbroker for L.F. Rothschild, employed under Mark Hanna, who quickly entices him with the sex and drugs fueled stockbroker culture and teaches him that a stockbroker's only job is to make money for himself. Jordan soon finds his career terminated following Black Monday and takes a job at a boiler room brokerage firm on Long Island that specializes in penny stocks. Thanks to his aggressive pitching style and the high commissions, Jordan makes a small fortune. He served 22 months in prison for defrauding investors in a massive 1990s securities scam that involved widespread corruption on Wall Street and in the corporate banking world, including shoe designer Steve Madden.