[anydealfunded]

http://nypost.com/2017/08/10/wolf-of-wall-street-has-got-nothing-on-this-raunchy-firm-suit/

Bahahaha

[Chambo]

this kind of nonsense, with pictures and all, makes the public demand their representatives do something.

It's 1997 all over again.....

[HDF]

You can take 'em out of the boiler room but you can't take the boiler room out of them.

Unreal, this whole story is like a bad joke

[Chambo]

I wold like to be a fly on the wall of the boardroom when this CEO goes before another hedge fund looking to raise capital......and has to answer for this article

[J.Celifarco]

I wold like to be a fly on the wall of the boardroom when this CEO goes before another hedge fund looking to raise capital......and has to answer for this article

after this article it will be a new CEO I would hope. That can make explaining easier if they clean house, if not then I dont see how they can ever get new funding in the future

[HDF]

Time to flush these "closers" out of the business.

[Karen37a]

Many many many Debt Restructuring firms ( also gas and electric/telemarketing/ Mortgage etc )were raided in the Florida Area as well. ( they didn't look as bad as that video)...100's of them in 2 Counties ( similar to the size of Queens and Brooklyn)

The # 1 reason any Financial Service organization or debt restructuring or telemarketing agent or broker or "sales" business etc etc get in trouble is their inability to "close ethically" and stay profitable
# 2 is Greed
Most people do not resort to low handed tactics if they have the ability to "close" 300k-500k personally monthly. And make money.$$$$ Especially with higher commission paying jobs, renewals, residuals or opportunities.

The problems arise when the salesperson or organization gets desperate and uses bait and switch tactics and unethical sales "tricks".It's easier to take a sales course and be coachable, follow people who were successful and have proven business models...

( Unfortunately or Fortunately, most of these companies can't get a legitimate mid to large size hedge fund to even take a phone call, let alone a meeting, then funds...they bootstrap their business, stay alive for a short while...then get credit lines, then fold)


** newbies can do well closing 70k-100k closing monthly, keep expenses down. Build a pipeline.