Billionaire Boys Club Page #4

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and the BBC entered the gray market.

(ENGINE REVVING)

The M635-CSi was the nastiest

thing on the Autobahn.

You have heard of an M5, or an M3?

This was the first

street-legal M class ever.

You couldn't get them in America.

Which meant everyone

in L.A. wanted one.

Give me the keys.

They're in the car.

(CLEARS THROAT)

(DEVICE WHIRRING)

Have you driven a new car before?

This car is worth more than my apartment.

Are you sure you want to

put miles in this puppy...

before it passes smog?

(ENGINE STARTS)

Oh yeah.

(DOOR BELL RINGS)

So, the BBC has a motor pool now.

Come on, I gotta get dressed.

So, let me get this straight.

Germany, pass smog for five...

and sell them in Beverly Hills for $70,000?

$80,000. It's a five-fold profit.

Ron, you can share if you go in on BBC.

I'm thinking twenty grand.

Fifteen grand.

Ten, we can start small.

I spent ten thousand dollars

on dinner the other night, Joe.

You could buy a Chrysler for that.

Which is exactly why I

called it the Chrysler Dinner.

Which is a steal compared

to the Lincoln dinner...

I'm throwing tonight at Mr. Chows.

Joe, you think too small.

Maybe if you are gonna pitch me...

you ought to think about

adding a digit or two.

Because when I go in, I go all in.

Okay, get your checkbook out.

No, no, no, it's gonna

take more than a 635-CSi...

to get my check book out.

I invest in relationships, Joe.

Not deals.

People, not stock.

- You read our prospectus?

- Yes.

And I made some notes in the margins.

You're kind of all over the place, Joe.

Low risk spreads on high commodities.

Performance BMW's in the gray market.

And a gold mill?

Ron, that gold mill is

the deal of the century.

I'll tell you what I did

like. Go to the first page.

That is interesting. That

is the essence of success.

Reminded me a lot of when I

got in hot water with the SEC.

Oh, don't worry about it.

Anybody who knows what they're doing...

eventually gets flagged by the SEC.

You should wear it as a badge of honor.

I had been working at Rothchild 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.

They take your license?

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 that...

sometimes the truth is the best lie.

Why come to me?

Your father certainly

has his wealthier friends.

But none he respects more.

DEAN (V.O.):
Our first

investors became...

our number one sales team.

Just the kind of investor...

we wanna do business with at the BBC.

It's not at all about money, Mr. Baxter.

DEAN (V.O.):
And Joe's

strategy put us on the map.

It's about integrity.

DEAN (V.O.):
The only

difference between a nobody...

and a player, is an address.

286 horsepower... Uncle Hank,

and you are the only one

at the LACC driving one.

Dad, you know I don't

take investing lightly.

And I've never come to you before.

I mean, I really think this is a winner.

BBC is ground breaking.

Doing things that is revolutionary.

And the principles which Granddad had

when he started the family business.

I like the sign. The

bold makes a statement.

It is bold and beautiful, right?

If you'd like to come through...

this will be our conference room.

I'm not just a member

of the BBC, Mr. Baxter.

Line two.

Yeah.

Yeah, yeah, ask my father.

I believe in Joe Hunt.

I believe in his vision.

This is the easiest money

you are ever going to make.

I mean, Joe got me fifty

percent in three weeks.

Fifty percent in three weeks.

Total Mad Maxing the market.

I'm talking... Blows the doors off

anything you'd make at Shearson Lehman!

Kind of sounds too good to be true.

It looks true to me.

DEAN (V.O.):
We pulled in everyone.

BBC was no longer our game.

It belonged to all of us.

It was a family, which

was the secret to the BBC.

- I'm in.

- All right.

DEAN (V.O.):
We wanted

members with friends...

and families who were

titans of the west coast.

I'm in.

I'm in.

- I'm in.

- How much?

Call.

Boys!

Come on, guys. Come on.

Gentlemen...

DEAN (V.O.):
But Ron didn't

trust outside brokers.

Insisted on using his own.

RECEPTIONIST (OVER SPEAKER): Good

morning, Morgan Brokerage.

How may I help you?

Hello, Frank Piedmont please.

RECEPTIONIST (OVER

SPEAKER):
One moment.

FRANK (OVER SPEAKER):

Frank Piedmont.

Hello, Frank, I'm here with Joe Hunt.

FRANK (OVER SPEAKER):

Hey, Ron, hey, Joe.

Good afternoon, Mr. Piedmont.

Ron has told me about your

unique trading system...

in the gold commodities market.

I'm impressed. That's not easy to do.

Most people lose their shirts

if they stay in gold too long.

I'm sorry to be so direct...

but I would like to check

the balance in the account.

Frank, do you mind

saying that one more time?

FRANK (OVER SPEAKER): At closing

market today, the account...

balance was four million,

one hundred thousand...

two dollars and five cents.

Thank you, Frank.

Joe will be back in

touch very soon, I'm sure.

Remember the butterflies

in your gut right now.

And know that is the show.

You sell a BMW, you pay your rent.

You refine a tanker full of crude...

you cover your overhead for a year.

But if you perform on the

account I just handed you...

then your lives will never be the same.

Think big and you will be big.

Unless, of course, I got you boys wrong.

I mean, after all, what

does the BBC stand for again?

Oh right.

Bitching Boring Crew?

The Brainless Boneheaded Cartel?

Or are you, the Billionaire Boys Club?

DEAN (V.O.):
One Ron said

think big, we took it to heart.

From now on, every

check that came in...

went towards more luxury.

Which meant more loans.

Billionaire...

Or bust.

As one of our first

investors, Mr. Baxter...

I wanted to come by personally

and deliver this check.

50 percent return, just like we promised.

I don't normally invest, but

I have to say that the BBC...

has really struck a cord with me.

Especially watching

young men like yourselves.

I can only hope my sons

follow in your footsteps.

Which is why I've decided.

And invest it for them, in the BBC.

Hell, I even took out a second mortgage.

I'm hooked. I'm hooked.

You're probably

wondering why we take

this money when we just got

four mil from Ron Levin.

We weren't actually holding

Ron's money in our hands.

We were just authorized to

trade that money on his behalf.

We were paper rich, but cash poor.

Dean, look at this.

That's his kid's college fund.

That is the house that they live in.

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