Monday, May 19, 2014

Why The "The Wolf Of Wall Street" Will Never Happens In Singapore?

The Wolf Of Wall Street
If I remember correctly, the last movie from Martin Scorsese, The Wolf Of Wall Street (2013) is also the last movie on the shares market theme. To be frank, I have not watched it yet after reading from the papers that even though the movie was released here as R21 but it has quite an extensive cut (hence the boycott).
So, what I am going to share are mainly from the reviews and trailers that I read about the movie. It is a true story adopted from the memoir/biography from Jordan Belfort (portrayed by Leonardo DiCaprio), a wealthy stock-broker living a high life of sex, drug, crime and corruption. if you are interested to find out more about the movie, check it out by clicking on the image below (Amazon site):
I am not here to share how good or bad or factual of the movie. Instead, I am just thinking out loud whether such person or event will happen in our small country, Singapore? Personally, I don't think such thing will happen in Singapore (at present time) for the following reason :
1. Our authorities and governing bodies on Stock Market are too stringent for anyone to do any major hanky panky stuff (crime and corruption) at this scale.
2. Singapore stock market might be too small (for their liking) and the options for high life might be limited as well.
3. Culturally, Singaporean are still more reserved and thus high life of drugs, sex and corruption is not common scene here.   
The Wolf Of Wall Street
Scene from "The Wolf Of Wall Street"
Of course, I am sure some of you folks might not agree with my view and I do believed that such thing happens everywhere but NO, I don't think we will be seeing "The Wolf Of SGX" anytime soon.

What is your view?
P/S: I do aware of the arrest of Nick Lesson which brought down the Barings Bank in 1994, but that was like 20 years ago, things have changed since then ;-)

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