Free

Boiler Room movie - Admission/Application Essay Example

Comments (0) Cite this document
Summary
This paper “Boiler Room movie” analyzes the movie from a legal perspective. In summary, the video is about a college drop-out Seth Davis who has a passion for his father’s approval and making money. He abandons his casino for the successful and reputable J.T. Marlin firm…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.8% of users find it useful
Boiler Room movie
Read TextPreview

Extract of sample "Boiler Room movie"

Boiler Room movie In the previous assignment, the movie “Broiler Room was analyzed from an ethical perspective. This paper analyzes the movie from a legal perspective. In summary, the video is about a college drop-out Seth Davis who has a passion for his father’s approval and making money. Though he was unsuccessful in his education, he begins an illegal casino in his apartment and he is opposed by his father who is a respected judge. He abandons his casino for the successful and reputable J.T. Marlin firm. However, what turns out as a new beginning ends into a quagmire of legal dilemmas. In winning one has to play unfairly. When J.T Marlin activities are revealed, as a result of selling stock to non-existing companies, legal actions are to be taken to provide justice for those who have been manipulated.
Different claims in the movie can be understood basing on the legal principles. This refers to some recognizable facts that can determine the outcome of a case. J.T Marlin Company is to be charged with a plan of defrauding. This charge is normally made under the common law. In the movie, the company had this plan as revealed by Smith. Its plan was to make money by selling stocks to non-exiting companies. At the end, an investor remains with worthless shares that he cannot sell in nay stock market. In proving such an offense, the defendant is expected to have with reasonable evidence that cannot be doubted about the participant plan to acquire money dishonestly (Mary Monson n.p.). This issue is portrayed as the FBI agents convince Seth to provide evidence against J.T Marlin.
J.T Marlin can also be judged by violating the principle of distributive justice. With this principle, a person is expected not take an action that is likely to harm those that are least fortunate (Hochschild 45). In the movie, the company uses Seth to take advantage of Harry Reynard who owned a food company. This company was less privileged when compared to others that were also a prey to the firm. Although Harry revealed how he and his family were desperate at the moment, the company continues to persuade him falsely promising good returns on his investments. This action results in Harry being abandoned by the family and he loses the house they were determined to purchase. Precisely, J.T Marlin Company knew what its action would do but continued to pursue it.
The bridge finance legal principle is violated in the movie. Ideally, bridge financing is allowed when no connection is made between an investor and firm (Corsi and Akhunov 34). This form of financing applies to rising companies that want to use investors to raise capital. However, Seth realizes that firms used in bridging have a connection with J.T Marlin. Although this is wrong, the movie portrays this action as acceptable and it is admired in the process fulfilling the passion for money.
To sum up, Boiler Room movie has some legal principles that can be used in violating the legal claims. First, J.T Marlin Company can be charged with a plan for defrauding because it had conspired to sell worthless shares with an aim of making money. This is chargeable under the common law. Second, the company made profits from the less fortunate. Finally, the company violated the principle of bridging finance due to its connection with the participating firm.
Works Cited
Boiler Room. Dir. Ben Younger. New Line Cinema, 2000. Film.
Corsi, Carlo and Akhunov, Ali. Innovation and Market Globalization: The Position of SME’s. IOS Press, 2000. Print.
Hochschild, Jennifer L. (1986). What’s fair: American Beliefs about Distributive Justice? Harvard University Press, 1986. Print.
Monson, Mary. Boiler Room Fraud, Market Abuse (Including Insider dealing) and other SFO/FSA related cases. n.d. Web.19th April 2014. < http://www.marymonson.co.uk/fraud-solicitors/share-market-offences-boiler-room-fraud/>Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Boiler Room movie Admission/Application Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved de https://studentshare.org/visual-arts-film-studies/1640751-boile-room-movie
(Boiler Room Movie Admission/Application Essay Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/visual-arts-film-studies/1640751-boile-room-movie.
“Boiler Room Movie Admission/Application Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/visual-arts-film-studies/1640751-boile-room-movie.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Boiler Room movie

Enron The smartest Guy in The Room Movie

...?“Enron The smartest Guy in The Roommovie very well sketches the entire history of Enron, from its foundation till downfall. The chain of events from the Enron’s rise to final days has very well been portrayed in the movie. The artists are former employees of the corporation, as well as reporters who give an account of the mannerisms of top heads involved in the fraud and their inherent strengths and weakness .They give their own interpretations about the main incidents, which led to the bankruptcy of the corporation. (Findarticles.com ) It's more than a movie - it can be termed a case by case in-depth analysis of a giant corporate company detailing the reason for its...
2 Pages(500 words)Essay

Boiler Room Directed by Ben Younger

...Boiler Room Directed by Ben Younger Boiler room was a drama film produced in the year 2000, directed by Ben Younger and stared different characters. In this movie, Seth Davis, who is a college dropout runs an illegal from his apartment that he rents. Seth’s father is domineering and considers him illegitimate. On his part, Seth has a deep desire to acquire wealth. These two situations drive Seth to grab an interview opportunity as a stockbroker trainee. He learned of this opportunity from his friend Greg, who was a recent acquaintance. Upon entering JT Marlin’s offices that served as short time brokerage firm in the New York’s outskirts, Seth meets...
4 Pages(1000 words)Essay

Boiler Room-legal perspective

... Legal perspective The movie boiler room revolves around a young man in his early twenties known as Seth Davis. A collagedrop out, Seth is torn between two powerful ambitions pulling his life in opposite directions. He is yearning for his father’s approval and the affinity for easy money. Despite a failed academic expedition in collage, Seth manages to run a lucrative successful illegal Casino enterprise in his private apartment.However, there is disillusionment from his father who prefers him dropping the venture to respectable business for a genuine living(Boiler room). He finally settles for his father’s advice and he relinquishes his Casino business for a brokerage firm J.T Marlin a seemingly reputable firm. This is later... to such a...
3 Pages(750 words)Essay

Special Events Proposal-MARKETING

4 Pages(1000 words)Essay

EMC Design for Boiler Controller

...- LM35 which is connected via a two-metre lead to the third section. The LM 35 needs between +9 and 20 volts to power it and it has a response of 10mV/oC. the next module is a signal conditioning circuit taking the voltage from temperature sensor and changing it to between 1 volt and 5 volts. the fourth section is a microprocessor board with an on-board ADC and an oscillator running at 100 MHz. The final section is a display and interfacing board, with outputs to a five-digit LCD, an alarm circuit and disabling system for a boiler , and the last output is connected to an RS232 socket which has to be connected to the control room , about 20 metres distant from the boiler . A...
9 Pages(2250 words)Assignment

Control room

... "Acclaimed Documentary Control Room to Screen Dec. 1-4." Targeted News Service Nov 17 2011. Web. 8 Dec. 2012. Turan, Kenneth. "Movies; through the Looking Glass with Al Jazeera; Jehane Noujaims Documentary Control Room Challenges what some might Expect of the News Channel." Los Angeles Times: 0. Jun 18 2004. Web. 8 Dec. 2012. Twair, Pat McDonnell. ""Control Room" Views War on Iraq through Al-Jazeeras Lenses." The Washington Report on Middle East Affairs 23.7 (2004): 50-1.... Control Room is a documentary whose main intention is to clear the of the Al Jazeera reporting of the Iraq war, since in the United States, members of the Bush administration referred to this channel as the mouthpiece of terrorist organizations, most...
4 Pages(1000 words)Movie Review

My Room

...whether it is a room of a boy or a girl. It can be a room of a girl because it is clean and tidy but it could be also a room of a boy because it has sports equipments in my room. I have football helmet, basketball, baseball and other sports gear displayed in a cabinet. My study table is also obviously a student’s table because it is made of sturdy wood with just books and other study materials on it but is not gender oriented. I also have a huge TV and speakers in my room that plays my favorite movies and music which could be either for a boy or a girl. It is also difficult to tell whether my room is for adults or...
1 Pages(250 words)Essay

Movie Boiler Room Legal Perspective

...” (Mann and Roberts 211-212). There is material false representation in the movie since all the information Seth told Harry were not based on any factual assertion but were just fabrications made by JT Marlin . Based on these representations, people bought the shares he offered. In fact, despite knowledge of the escape plans of Michael Brantley such as the phone-filled room on the other building or that paper were concealed and even the fact that he saw that Med Patent Technologies was a sham, he did not do anything about it and continued trading. There was intent to deceive by JT Marlin and its brokers such as Seth Davis and these representations were relied on by the people they pitched to such as...
2 Pages(500 words)Essay

Boiler Room from legal perspective

... Legal perspective of “Boiler Room” In Boiler room movie/film, there is a college drop out by Seth Davis. Seth likens in the direction of buying shares and selling them to illegal drug dealers. After an interview Seth joins the firm despite the knowledge, he has about the illegal drug dealings of the firm. So the movie "Boiler room” introduces us to the illegal drug transactions. After Seth is recruited to firm he works under the supervision of the firm’s senior brokers like Chris, Greg and the head of the firm who is called Michael. After a short period Seth becomes an expert in drug dealings and selling regardless of the knowledge about the illegal drugs. The basic function of this firm is to sell illegal drugs like Cocaine... illegal...
2 Pages(500 words)Essay

Natural Gas Boiler Plant

...Natural Gas Boiler Plant Introduction The lab aimed at establishing how efficient the boiler plant located in close proximity to the UNB Campus is. Various steps were undertaken to achieve this, such as stack gas analysis, bomb calorimetry, air combustion, steam and feed water and heat losses. Different individuals executed tasks at each section. The steam and water section was the first to be undertaken. This aimed at determining the flow rate of steam, moisture content of steam, steam enthalpy, feed water enthalpy, pressure of feed water and temperature of feed water. Different tests at the plant provided these measures. Stack gas analysis sought to find the composition of the stack gas, proportion of...
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Admission/Application Essay on topic Boiler Room movie for FREE!

Contact Us