(2013) True Life Drama (Paramount) Leonardo di Caprio, Jonah Hill, Margot Robbie, Matthew McConaughey, Kyle Chandler, Rob Reiner, Jon Favreau, Jean Dujardin, Kenneth Choi, PJ Byrne, Jon Bernthal, Joanna Lumley, Cristin Miloti, Christine Ebersole, Shea Whigham, Katarina Cas, Brian Sacca, Henry Zebrowski, Ethan Suplee, MacKenzie Meehan. Directed by Martin Scorsese
We are all aware that there is something broken on Wall Street; it is often depicted as a kind of testosterone-infused drug-fueled locker room in which over-stimulated men essentially rob America blind. While there are plenty of honest stockbrokers, there is some truth to the notion that the culture of greed exists.
Jordan Belfort (di Caprio) is the poster boy for that culture. He starts off as an ambitious stockbroker, taken under the wing of a successful broker (McConaughey) who initiates him in the cult of screw you – making the customer money is not the first order of business. Getting his fees are. And keeping those fees coming in even if that means selling some poor schmuck stocks he can’t afford or worse, stocks the broker knows are going to lose money.
Belfort quickly realizes that the real money is to be made in owning his own firm and that selling penny stocks were a vastly underserved market in which the brokers can make a huge amount of money in a short amount of time. With partner Donny Azoff (Hill) Belfort founds Stratton Oakmont, a literal boiler room where brokers make high-pressure sales of penny stocks.
Belfort found that defrauding his clientele was far more profitable for him personally than actually working for it and soon finds himself with more money than he knows what to do with. Of course, men with more money than they know what to do with usually find things to do with it – drugs, prostitutes, a luxury yacht, a trophy wife. In Belfort’s case, the latter turns out to be Naomi (Robbie), a Jersey shore princess and model.
As Belfort’s shenanigans grow more egregious he and his firm attracts the attention of the FBI in the person of dogged agent Patrick Denham (Chandler). Constantly in a drugged haze of cocaine and Quaaludes, Belfort and Azoff decide to launder their money and use drug dealer Brad (Bernthal) and a loathsome Swiss banker (Dujardin) to do it. But as those who ride too high will tell you, the fall is inevitable and not very pretty when it comes.
Scorsese has delivered another masterpiece in his storied career. Frequent collaborator (this is the fifth movie they’ve done together) di Caprio is at his best. His manic portrayal of Belfort is almost certain to get an Oscar nomination later this month and is at the moment the odds on favorite to win the gold.
He is mesmerizing every moment he’s on the screen and this with a character that is basically a douchebag. He basically thumbs his nose at everything decent and does everything to the point where you could charitably call him evil and yet di Caprio is so good that we can’t turn away. Belfort is a train wreck of a human being and di Caprio keeps our eyes glued on him.
Hill also delivers what might be a superior performance to his Oscar-nominated turn in Moneyball. His Azoff is smarmy, smart but not as smart as Belfort and a bit cowardly. He is the kind of guy who wants to live the high life but doesn’t have the brains or the charisma to get it himself so he rides on Belfort’s coattails. At the end of the day, Hill makes this guy less of a rat and more of a flawed human being whose mantra of every man for himself informs his every decision.
I’ve noticed that conservative viewers tend to look at this movie as a liberal Hollywood hatchet job on Wall Street so those who tend to get their information from Fox News might want to give this one a skip. While the excesses here seem over-the-top, they are all documented – by the real Jordan Belfort himself. I must also add that while Belfort bilked his customers out of more than a billion dollars, he did go to jail for it. Some of the Wall Street bigwigs from established firms stole far more from their clients and damn near bankrupted our economy yet none of them are in jail. I guess it’s all in who you know.
Part of the downfall for Belfort is his drug use and that is depicted pretty graphically here. If the sight of di Caprio snorting a line off of a naked woman’s breasts is uncomfortable for you, if the idea of seeing the results of Quaalude intoxication makes you queasy, this might not be the movie for you. I must admit that a scene late in the movie in which Belfort and Azoff take some powerful Quaaludes that don’t have a reaction in the normal amount of time turns into one of the funniest scenes of the year. I have to admit I felt a little guilty about laughing at it; watching a drug addict having a seizure after an overdose sounds cruel but I suppose if you can’t laugh at someone who has to roll their way down a staircase and only able to communicate in a kind of hooting grunt, who can you laugh at?
Like some of Scorsese’s best films, there’s a hint of controversy involved and the movie definitely isn’t for conservative Wall Street apologists. However for everyone else, there is something to be said for watching someone playing so fast and so loose without a care for the consequences of his actions get his which leads to my next point; if I have one gripe about the movie it’s that there isn’t anything about the very real human consequences to Belfort’s clients. That aspect might illustrate the real tragedy of the Jordan Belfort story in that the people who paid for his crimes and continue to do so never really get a face.
REASONS TO GO: Di Caprio and Scorsese hit another one out of the park. Hysterically funny in places, heartbreaking in others.
REASONS TO STAY: Belfort is such a scumbag it’s really hard to identify with him let alone root for him.
FAMILY VALUES: More drug use than you thought humanly possible, graphic nudity and sex, enough profanity to make Lenny Bruce blush and even a little violence for good measure.
TRIVIAL PURSUIT: Footage of the actual beach party in the Hamptons depicted here with the real Jordan Belfort can be found on YouTube.
CRITICAL MASS: As of 1/4/14: Rotten Tomatoes: 75% positive reviews. Metacritic: 75/100.
COMPARISON SHOPPING: The Boiler Room
FINAL RATING: 9/10
NEXT: The Punk Singer