jordan belfort joins me now excludism. you're like one of the most notorious people in the entire world. i have had calls from all over the world in the last 24 hours since we announced this. you don't give interviews, certainly not for a long time. you haven't given them for this movie until now. >> right. >> now you've let yourself loose here for the next hour. how do you feel about this extraordinary mayhem erupting around you, your story, this movie? >> well, it's a bit surreal. i think controversial more than notorious. and i chose not to give any interviews for awhile. i think i wanted the movie to basically play, i think the studio wanted that as well. and i thought this would be a good place to sort of get the message out. i'm sure people have questions, you have questions. >> what is the real message you want to get out? >> well, i guess for me it's important that the movie is viewed the right way. certainly as a cautionary tale. i know there's this big issue of people glamourizing what happened. i think carey win

in the movie we see jordan belfort sell a pen. sales training about this. there is no context to sell you a pen. i don't know anything about you. so when you do this to a salesperson they will say wacky stuff. the best thing to say is how long have you been in the market for a pen? >> for three months. >> you have been looking for a pen three months now. what type of pens do you use? >> i like a nice easy to use ball point pen. >> so when you sell someone something you need to be asking questions to find out what someone's needs are. this is the best pen in the world. it writes upside down. if you are doing that -- >> are you going to give me truthful responses? >> if you would have said i don't use a pen. if you are in the market? i would say have a nice day. i don't want to sell someone who doesn't need a pen a pen. that's the way to do this correctly. otherwise you are jamming a pen down someone's throat. >> if i learned one thing tonight, is it how to sell a pen. it's good to talk to you. >>> that's all for us tonight, chris c

jordan belfort is essentially saying, listen, i'm going to give back at money from the movie and theat doesn't cover even -- liz: how much does he make per speaking engagement? >> that's a good question, i don't know. of but he's paid back money in the past. liz: nowhere near 100 million. >> no. apparently, the restitution agreement was for $110 million, he's paid back about ten, and i don't know how much more he's going to pay back. there's a loophole in this restitution agreement where he might be able to get away with saying, listen, it only covered 50% of what i make, and it only covers it up to 2009. now i'm going to give you 3%. he could argue that. essentially, that's what he's arguing. he says he's given back all the money from the movie, but that's not a lot of money. liz: charlie, keep on it. thank you very very much. we have 30 minutes before the closing bell rings. remember this bill murray famous scene in "lost in translation"? well, one of america's most iconic spirit makers, will it be a game changer in the global alcohol business? remember, he did that commercial for

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jordan belfort may be the object or subject of a movie.ve played him, great actor leonardo dicaprio but he is one of the lowest forms of human life there is. someone that would rip off little old ladies. if he gets out of paying any of this money the u.s. attorney for the eastern district should resign. lori: there is video of the movie and leonardo dicaprio winning best actor at the golden globes last night. it was interesting. i don't know if you heard the acceptance speech and went through a laundry list of people who think. for a great story, jordan and stopped short -- >> he actually said -- lori: i can't confirm that. i have to double-check, sounded like he started saying jordan belfort's name and stopped midway. >> there was something in the 1960s was called radical chic. all the rich limousine liberals hanging out with bill ayres types, terrorists, something chic happening outs with '60s radicals. what is going on with jordan belfort, some people think he is a good guy. want to hang out of with him now is a form of radical chic. th

jordan belfort is up to his old tricks.should give me his side of the story, he should call me and let me know, but this is what the u.s. attorneys office is saying. the stuff he is saying about how much he wants to pay back is "substantially untrue." if there is one criticism we hear from people about the movie including the prosecutor today is that this movie kind of glorifies him. you were there. cheryl: it makes him look like this sexy, wonderful hero. and he is a slimeball. charlie: he would rip off his mother and father for $10. that i think is a problem. you start glossing over it, you get this guy were he made full restitution, he is looking to get out of it, at least that is what the u.s. attorneys office is saying. and we have a real problem. straight me out. i am all ears. cheryl: that is the other thing making headlines. charlie: on these restitution agreements we should point out for people they don't take your entire paycheck. under the law, you have the ability or the authority, you can fight for this, but ho

anthony giliberto is jordan belfort's former taylor. tailor. rd is of course the real belfort is of course the real wolf off wall street. thank you for coming in. you are connected to something real going up on the screen all around the world where leonardo fellowo is playing the for whom you may jacket and pants and everything. entire wardrobe. it was a great run. from 1991 until 1996i was ilor and personal ta the whole firm's. i ended up buying a house in long island because i needed to be close to the office. i just sat there and made clothes for everyone in that boardroom. everyone. >> what was it like to be in that place? >> it was wild. there were meetings in the morning where they would get the books. i used to go out and sell. they were all young guys who wanted to look good. they were making money. they had money to spend. i was in the right lace at the right time. ati was in the right place the right time. >> you were also in the right place at the right time when it comes to making movies. when martin scorsese wants to be authentic, h

jordan belfort, the real wolf of wall street, fleeced some real people. one of them who says he lost more than $150,000. >> and belfort likes to claim he only went after rich people, that no one was killed, that people didn't have to buy. but he's a thief. it is easy to forget that real people lost real money to the tune of $220 million. >> right. which he's -- >> fox business has learned twitter has signed a lease for some major office space in the heart of silicon alley here in manhattan. they aren't moving their corporate headquarters from san francisco but will take more than 140,000 square feet on west 17th street in midtown south. that's the latest from the fox business network, giving you the power to prosper. tracy: it is day two of the world economic forum in davos. liz claman in the last hour sat down with cantor fitzgerald's chief howard lutnick and asked him about how he's spending his 20th year at the event. >> the first time you come, you're sort of a little lost. i walked around, i bumped into things as opposed to knowing where to go and wha

. >> "the wolf of wall street" depicts the greed of jordan belfort.rowing controversy is questioning whether the film exploits belfort's victims. bill wyman joins us. the question is what responsibility do filmmakers have to their audiences in being careful not to glamourize a subject like this where the subject is a criminal? >> that's an interesting question. the hard answer is filmmakers have no responsibility to their audience. and this is where you start to feel that this is an artist who isn't engaging in artistry, but looking for some sort of crowd-pleasing thing. it tends to leave a bad taste in your mouth once you start thinking about the implications. i think it's a film making failure. there's no sub -- sub text. it's more like a porky's. it seems to be a little empty. >> but you are talking about a movie that shows a guy who ripped off millions and millions of dollars, but you show him having yachts, and sports cars, the most beautiful women in the world. and this guy only goes to prison for a couple of years, and then comes out and has a

as a federal prosecutor joel cohen got to know the real jordan belfort.ents out of millions of dollar in his long island firm. >> he's the kind of guy you'd enjoy having a drink with if your wallet was hidden in your back pocket. >> reporter: the new film downplays the serious nature of the crime belfort committed. >> there's a line you don't cross. you don't start mixes reality with fiction where you're essentially advertising for belfort. played in the film by jordan hill. >> when they come in you pick it up. >> reporter: we spoke with hill recently for a profile on sunday morning. >> it's a rise-and-fall, you know, film. you see the repercussions of excess and treating people badly. >> reporter: "the wolf of wall street" has received two golden globe nominations for best picture and best picture. in an interview with charlie rose they talked about the portrayal. >> he said as long as you portray people as authentically as you can and you don't try to sugarcoat their intentions and you give an accurate portrayal of their very nature audiences will go al

nancy o'dell caught up with the real jordan belfort. with mixed emotion. >> i wish he played i was jonas salk, and i was a character that did wonderful things. it's kind of a bittersweet a little bit. many of the things it's character did. i say the character, it wasn't all me, it was fictionalized. but a lot of the acts that are reality that i did do, i'm not proud of. >> reporter: he said he's no longer the man portrayed in the movie. he said he's turned his life around. dicaprio appears in an online video touting belfort's services. >> jordan stands for hard work and in that regard, he is a true motivator. >> i guess i can say i'm proud i was able to turn my life around. and i'm amazed at how somehow this has happened. this movie, i just can't believe it. >> reporter: but it's safe to say, belfort still has its critics. he and his firm lied to investors bilking them of billions of dollars. joel led cohen led the case. >> he had no sense of what the victims suffered. >> do you ever now, knowing that you conned so many people, and some

is taking heat beyond the film for this video making the rounds, shows him seemingly praising jordan belfortvator. let's take a listen. >> what separates jordan's story from others like it is the brutal honesty in which he talks about the mistakes he's made in his life. i have been in his company many times but there is nothing quite like jordan's public speaking and his ability to train and empower young entrepreneurs. jordan stands as a shining example of the transformative qualities of ambition and hard work, and in that regard, he is a true motivator. >> you say this clip has incensed your readers. >> ouch. yeah. we've had very angry comments on our site. look, we are very much about people who understand the film industry so there are people who are defending scorsese saying if you expected something other than what you're getting which is lots of sex, lots of drugs, usually you get violence, but extreme behavior, and it's a movie. on the other hand, you do have people saying there's a lot of it, it's a three hour movie so there's an excess of the excess, and also, the fact that it's no

and the real wolf of wall street jordan belfort offers his reaction about the movie and his life.the "cbs morning news." thanks for watching. i'm anne-marie green. have a great day. ,,,, and i'm michelle griego. tis 4 >>> and good morning everyone, tuesday, january the 21st. i'm frank mallicoat. >> and i'm michelle griego. time now is 34:289. let's -- is 4:29. let's get the first check of weather and traffic. >> some patchy fog out there. we're seeing some of that little dense approaching the coastline and still going to see very mild weather around most of the bay area. more about that coming up. >>> and lauren's traffic looking good at the bay bridge toll plaza. some road work westbound helding into the city but they should be clearing the scene by 5:00 this morning. ill have a complete -- i'll have a complete comprehensive look at the drive into work in 15 minutes guys. >>> it's good to have you here too lisa. >> was that patchy frost? >> it was yesterday. not toda l right thanks. >>> a caltrain service is expected to be back to normal in santa clara this morning. kpix 5's andr

stockbroker jordan belfort who made a fortune selling junk bonds before being jailed for defrauding clients now the three hour film depicts a culture of ghastly american greed filled with money cars houses yachts prostitutes orgies alcohol and heavy heavy drug use enjoy europe you're welcome well there you have it as always we'll be tracking these stories and keeping you posted on all the latest. two thousand and seven marked the beginning of a very difficult period in the global financial system where some of the world's largest banks coming to the brink of collapse now in the case of lehman brothers the institution did in fact collapse and in the aftermath of lima. demise our largest financial institutions were bailed out not just here in the us but globally as well however many questions still remain about the methods used to prop up these institutions our guest eve smith author of the book and founder of the very popular financial blog naked capitalism is still on the case she's joining us now and probing into the conspiracies of government's dealings with the too big to fail institutio

scorsese directed film starring leonardo dicaprio chronicles the life of described us stockbroker jordan belfort who made a fortune selling junk bonds before being jailed for defrauding clients now the three hour film depicts a culture of ghastly american greed filled with money cars houses yachts prostitutes orgies alcohol and heavy heavy drug use enjoy europe you're welcome well there you have it as always we'll be tracking these stories and keeping you posted on all the latest. two thousand and seven marked the beginning of a very difficult period in the global financial system with some of the world's largest banks coming to the brink of collapse now in the case of lehman brothers the institution did in fact collapse and in the aftermath. of lehman's demise our largest financial institutions were bailed out not just here in the us but globally as well however many questions still remain about the methods used to prop up these institutions our guest eve smith author of the book and founder of the very popular financial blog naked capitalism is still on the case she's joining us now and probin

. >>> one man who knows a lot about the pursuit of wealth is jordan belfort, and his life story is now the oscar-nominated movie, the basis for "the wolf of wall street." his real life was every bit as out of control as it looks when played by leonardo dicaprio. >> is all this legal? >> absolutely not. we were making more money than we know what to do with. >> you don't work for me. >> you have my money, technically you do work for me. >> jordan belfort talking exclusively to piers morgan. here's some of what he had to say. >> what seems amazing at first becomes common place after a while. you don't lose your soul all at once. you lose it a little bit at a time. when i lost my ethical, it's like these tiny imperceptible steps over the line. before you know it, you're doing things you thought you'd never do and it seems perfectly okay. >> how much time did you spend with leo dicaprio? >> a lot. countless hours hours. >> hundreds of hours? >> 100-plus hours. >> how did you find him when you were just interacting with each other? >> either by telephone, in my house, or out somewhere -- on

jordan belfort spoke to piers morgan last night to talk about the film and the crimes he committed whilestock broker. >> i would say 90% was legal. in terms of the day-to-day operation. 95, probably. but the 5% was incredibly destructive and disgusting and poisoned everything else. >> i'll say. belfort served 22 months of a 4-year sentence for securities fraud and money laundering. he was ordered to pay about $110 million to his victims and has paid back about only $12 million so far. so not quite 10%. >>> 1 world trade center will open by the end of this year. feast your eyes. there's the outside and now the inside. cnn money got a sneak peek inside the building where workers are still building out the main lobby. but the marble is the same from the lobby as the original twin towers. and look at that view, folks. wow. just stunning. the top three floors are going to serve as an observation deck. food and drinks, a small theater will be up there. 55% of the office space has already been leased. spectacular. so if you're coming to new york, make a plan for the end of the year. just a coup

but let's go on to an interview i did last night with jordan belfort, real life wolf of wall street. very compelling. leigh, i want to come to you on this, and play you one of the most riveting moments, when i talked to him had he talked to any of the victims about all of the pump and dump stuff he had been doing. watch this. >> i think it's awful. >> losing a lot of money, in some cases, having their lives turned upside down. >> it's terrible. >> on a human level, have you met one of them? >> i have not. >> why not? >> no one has sought me out. >> why haven't you sought them out? >> you know, i don't want to intrude on anybody's life, and you know -- >> come on, that's a cop-out. >> no, it's not. i don't think it's appropriate. >> what was your reaction not only to that, but to the interview as a whole? >> i thought the interview was fascinating. i felt like you could really see how he is somebody who has a lot of success on the speaking circuit. he's one of these people you just kind of can't take your eyes off him when he's talking. he has that kind of magnetism. i thought that qu

lori: jordan belfort is in the cross hairs of the justice department this time over repaving victimsdam: charlie gasparino's interview with the man who prosecuted him. and in the the real life wolf of wall street. lori: let's get an update on the market. fox in the red ahead of tomorrow's all-important jobs report. let head back to the floor, check in with nicole petallides. nicole: just happened to glance up because you have the back-and-forth action that has