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Ron Levin:
I had been working at Rothschild for a year. When suddenly I found myself thrown in front of a discipline committee and was forced to defend myself. And... I had nothing. 21 stories and none of them good. So I came clean. Joe Hunt:
They take your license? Ron Levin:
No, I mean they could have, they should have, but no. Because what I was doing wasn't illegal... yet. I was ahead of the law. I mean, it was unethical and corrupt. Immoral if you believe in that sort of thing. But it wasn't illegal, so they had nothing. So guess what they did. They asked me to write the code to prohibit the kind of trading that I had been doing. How brilliant is that? That hearing made me with the SEC. And I realized that day... sometimes the truth is the best lie
I had been working at Rothschild for a year. When suddenly I found myself thrown in front of a discipline committee and was forced to defend myself. And... I had nothing. 21 stories and none of them good. So I came clean. Joe Hunt:
They take your license? Ron Levin:
No, I mean they could have, they should have, but no. Because what I was doing wasn't illegal... yet. I was ahead of the law. I mean, it was unethical and corrupt. Immoral if you believe in that sort of thing. But it wasn't illegal, so they had nothing. So guess what they did. They asked me to write the code to prohibit the kind of trading that I had been doing. How brilliant is that? That hearing made me with the SEC. And I realized that day... sometimes the truth is the best lie
Full Transcript
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I had been working at Rothchild for a year
00:00:03.998 --> 00:00:05.603
When suddenly I found myself thrown in front
00:00:05.605 --> 00:00:08.606
of a discipline committee and was forced to defend myself
00:00:08.608 --> 00:00:11.909
And I had nothing
00:00:11.911 --> 00:00:16.146
21 stories and none of them good so I came clean
00:00:16.148 --> 00:00:18.582
They take your license
00:00:18.584 --> 00:00:20.483
No I mean they could have they should have but no
00:00:20.485 --> 00:00:23.487
Because what I was doing wasn't illegal yet
00:00:23.489 --> 00:00:28.792
I was ahead of the law I mean it was unethical and corrupt
00:00:28.794 --> 00:00:30.795
Immoral if you believe in that sort of thing
00:00:30.797 --> 00:00:34.565
But it wasn't illegal so they had nothing
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Movie Summary
A group of wealthy boys in Los Angeles during the early 1980s establish a 'get-rich-quick' scam that turns deadly.

