Belfort's scam contributed to the demise of which venerable brokerage firm?
Goldman Sachs
Lehman Brothers
Stratton Oakmont
Bear Stearns
Answer
Stratton Oakmont was a venerable brokerage firm that was brought down by Jordan Belfort's scam. Belfort, who was the founder and CEO of Stratton Oakmont, engaged in a massive pump-and-dump scheme that defrauded investors out of millions of dollars. The scandal eventually led to the collapse of Stratton Oakmont and Belfort's imprisonment.
The Wolf of Wall Street: Test Your Knowledge on Jordan Belfort's Extraordinary Journey!
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