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View Diary: Internal Wall Street pitchbook shows that you, the clients, are suckers (107 comments)

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    northsylvania, nailbender, Matt Z

    was used in boiler rooms like JW Gant and others that popped up in the bull market of the eighties, similar to the firm the movie Boiler Room was modeled after. In higher echelons, what we now call investment banks, the trainee techniques are less abrasive and more diverse, more flexible with the broker, but they are equally scripted in some circumstances.

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