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Experience With Wall Street Crooks

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Rabbi Yaron Reuven Short Torah Clips avatar
Rabbi Yaron Reuven Short Torah Clips

Transcript

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and my friend said okay listen if you want you can go into the business I'm trying to get into you can become a stock broker you can make a lot of money a lot of the guys that I work for make a lot of money I said okay great introduce me so I go to this office the parking lot is full of brand new cars if anybody saw the movie Boiler Room which is a crooked operation of stock Brokers this looked exactly the same and I later find out they were also crooked just like them so I go and I see a bunch of young guys everybody's in their 20s and 30s everyone has a brand new car they're wearing, suits I said okay this is interesting and I asked the guy okay what do you have to do I know a little bit about the stock markets I had some money so I invested in the stock market and got lucky and had one of my stocks actually go up Hashem was Paving my way to go to this business I only find out 16 year l 16 years later why hint it's not the money so he tells me listen you come work for me you pay your dues pretty much you work for me for a while you pass your test you do this you do that you call prospects you make 250 bucks a week th000 bucks a month so okay I'll be here tomorrow a little bit of a downgrade about 90% but it has potential so I start working and being ambitious I I realized very quickly that in order for me to be good I have to be better than everyone else so I have to start learning what the hell they're doing so I start reading the Wall Street Journal I start reading different things on the internet I start reading magazines and I get into it I work for them for about a month and then I find out that there's some guy coming to the office saying goodbye to everyone he has suitcases and he says goodbye and everyone's hugging him and kissing him and I have no idea what's going on oh maybe he's going on a long break few weeks later I find out he's going to jail so why I find out that he's going to jail which is about almost two months after I start working for these people I'm not making any sales I'm just asking people if they're interested in getting information from this firm 7:59 in the morning I'm reading my Wall Street Journal trying to get familiar with this business and my boss Dean yells at me saying what are you doing said I'm reading the Wall Street Journal relax did you relax get out of here it's time to work said okay I'll go work somewhere else and I leave again I don't like when people yell at me my friend that got me the job calls me about an hour or two later says listen you come back if you want uh you know he'll take you back said thank you very much I don't want I'll find somewhere else I go work for for somebody else which ends up being in a city it's a friend of a my brothers used to play soccer together and I go start working for this guy smaller office not crooked like these people at least I find out later on that all of them almost all of them go to jail so hasem had some mercy on me so I go work for this other guy he's not a crook exactly like they are but he's not an angel either he's very vicious when it comes down to actually paying people so I work for him for free and I have to earn my way and for the next year and a half the most amount of money that I make in one month is $1,800 but he only pays me $ 900 because I was on the phone 10 times during the month past 8:00 in the morning per on personal phone calls so he docks the whole day pay for that after that I decide to quit and I go back into making a little bit of money in the electronics business again for a few months until the firm that was a big firm from next door that heard about me and met me and so on he said listen if you want to come work for us we'll treat you better we'll do this we'll do that said okay fine listen I'm willing to I'm I'm not willing to work for anyone I'm willing to be partners with somebody I'll build you know I'll get clients you develop the clients I'll do one part of the business you the the other part of the business but since I don't really have any money I need you to pay me a draw meaning that I'll pay you back or you take it from the commissions we generate okay how much do you want I need $2,200 a month it's not exactly a lot of money especially when you're working 14 15 hours a day said fine no problem I come in I'm all excited I pass my Series 7 test I passed my series 63 test I already get two licenses which is like the average in the industry and I go start working for this guy after a month passes I ask him for my paycheck I got him 14 clients or 11 clients the first month I got him 11 new clients I said okay we're making some money this is good I said can I have my check he said no no no I hold the first check in case you screw me oh okay you're one of those fine for me to leave right now I have to start the whole story again I just left one place for two years almost now I'm going to start another place okay you know what I'll believe you I'll buy another month we'll double down I work another month I get 14 clients the second month which is a lot so now we have 25 new clients in two months I ask for my check and he gives me a check for $812 personal check I look at and I ask him is this lunch money or he said no no it's your paycheck from last month he said no no you're you're missing a few thousand supposed to be $4,400 even if you want to hold this fur check for whatever excuse you made up last month it's still 2,200 cuz what are you talking about I don't remember promising you anything what do you mean we had an agreement he goes we have a contract so what contract you gave me your word you work for a big company so we don't have a contract I don't remember what I said okay if you all remember every Wednesday we read AIA God is the one that takes Revenge and he shows up once in a while I just didn't think it was for me until later on not a month po goes by I go obviously I go to the boss of the uh of the office and I tell him listen this guy robbed me for a few thousand I'm now finding out more information about him that apparently I'm not the first guy that he did it to I don't want to work for him anymore or with him or anything I just want to be in dependent and the guys and the owner tells me he goes well listen I have to think about it and I'll get back to you said okay fine and he comes back and he says why should I let you be independent I said well I work better than I work harder than everyone else most people show up at 9 or 10:00 in the morning and leave at 4: I show up at 6:30 :0 or 7 I leave at midnight it's a good indication I'm going work I work hard okay but it's going to cost you about $4,000 a month to work here at least you know because you have to pay for the secretary and the office and the paper and the other paper and the phone bills maybe some paper too and some other stuff that he could just make up and it's about $4,000 says do you have it says no where you going to get it from I said I have no idea but I'll get it said okay he lets me go on my own is what it's called in the industry and just two days later September 11 happens when Hashem says he takes Revenge he takes Revenge the guy that paid me $81 was out of the business apparently all of his money was in a the stock market he lost all of it he left the business nice M lesson don't short people money play with their life we are meant to be a light unto the Nations not to follow their misguided practices remember every Jew has to remember that he's a Jew and she's a Jew we don't celebrate non-jewish holidays even if they seem harmless it's a zulul disrespect to the Torah and could lead to CH hasem desecration of God's name stick to our holy tah and our own holidays that's the path of a true Jew