The Wolf of Wall Street (**1/2)

Martin Scorsese would seem to be the ideal person to tell the story of Jordan Belfort (Leonardo de Caprio). In movies like Raging Bull, Goodfellas, and The Aviator, he’s told stories of morally compromised men clawing their way to the top, often to be brought down by their enemies, or by their own flaws. Belfort, whose memoir was a basis for the film, was a New York stockbroker. Right in the opening voiceover, Belfort tells us about the drugs he takes, the prostitutes he sleeps with (five a week!), and the laws he breaks. Then we flash back to 1987, where, on his very first day of work, the younger version of Belfort (who looks the same as the older version) is taken out to lunch by his boss (Matthew McConaughey). The boss tells him two things: first, the goal is not to help clients, but to earn commissions; second, Jordan should masturbate more. Virtually every character in this movie is like this. No one pretends to have ethics, or inhibitions. Everyone curses, to the point where it seems unnatural. But the market is about to crash, and soon Belfort is out of a job.

So he settles for selling penny stocks out of an office on Long Island. An early scene has him, overdressed in a slick suit, delivering a silver-tongued stream of bullshit that leaves his motley coworkers slack-jawed, his target begging to invest, and, I think, the moviegoer quite entertained. Already, however, the rest of the story — the formation of his own brokerage, the wealth that quickly follows, the big house, the expensive car, the cheating (in every sense) — can be anticipated. As a character, Belfort is nearly fully formed. Unlike, say, Goodfellas, the plot moves quickly from struggle to excess. With a dorky-looking Jonah Hill as his equally amoral second-in-command, he trains a small army of white males to deliver similar spiels to the wealthy. Cue montages of vulgarity-laden speeches, strippers in the office, etc. Only vague threats of an FBI investigation and, one presumes, STDs, threaten conflict. The movie is also different from Oliver Stone’s Wall Street, still probably the most famous movie about the financial industry, although at one point another character compares Belfort to Wall Street’s anti-hero, Gordon Gekko. Gekko, of course, is famous for the line, “Greed is good.” One gets the feeling here than Belfort has not even thought about the question. In his cinematic incarnation, he is a man of drive and desire, and nothing more.

What makes Gekko into an archetype is not simply saying it, but meaning it. We see how he justifies what others see as villainy. I think every powerful person needs such an internal justification. Without that element, this story feels empty. Certainly, Scorsese tells it with panache, and he and screenwriter Terence Winter, whose credits include numerous episodes of Boardwalk Empire and The Sopranos, give the movie a lighter, more comedic tone than I’d expected. I would almost call the movie a comedy, except that it’s three hours, and it’s not funny for three hours. (The comedic centerpiece, in which Belfort battles some vintage Quaaludes, is a ten-minute sequence that’s funny for five.) When Belfort has a worthy adversary, like the FBI agent played by Kyle Chandler, or, in a couple of scenes, his wife (Margot Robbie), it’s at its best. But, as for the rest, even if there’s no one better at depicting vulgar, misogynistic excess than Scorsese, the excess is…excessive.

IMDb link

viewed 1/2/14 6:30 pm and posted 1/7/14