Footwear designer Steve Madden discusses finding his passion for both sales and product design while working at a Long Island shoe boutique as a teenager.
0:00 / 0:17exact quote · 17.8s
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“And I like creating stuff to sell. It's always been sort of a core sort of philosophy of mine. I've never been like, oh, that's creative, but you know, nobody wants to buy it. And then on the other hand, you know, just to sell without any kind of creativity is boring to me too.”
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More from Steve Madden
AssertionNot checkable as stated
Madden: Stratton Oakmont ran pump-and-dumps; Steve Madden was only real company
“Well, they were totally manipulated. The stocks, they went up, and it, you know, it was a pump, it was a classic pump and dump. And only Steve Madden was a real company.”
Steve MaddenDec 23, 2019▶ 23:11Steve Madden: Steve Madden (2018)
AssertionSupported
Madden: Steve Madden IPO was manipulated in Stratton Oakmont pump-and-dump
“Well, they were totally manipulated. The stocks, they went up, and it, you know, it was a pump, it was a classic pump and dump. And only Steve Madden was a real company.”
Steve MaddenJul 16, 2018▶ 23:02Steve Madden: Steve Madden
Disclosure
Madden details illegal stock flipping arrangements with Stratton Oakmont
“And I told myself that it was a gray area, you know, the trading in these stocks and the flipping, they would sell me the stocks and I would sell them back to them.”
Steve MaddenJul 16, 2018▶ 24:31Steve Madden: Steve Madden
Disclosure
Madden admits he knew his Stratton Oakmont trades were illegal
“But I knew in my heart that it was illegal and it was wrong.”
Steve MaddenJul 16, 2018▶ 24:52Steve Madden: Steve Madden
AssertionNot checkable as stated
Madden: His portrayal in 'The Wolf of Wall Street' was highly accurate.
“With me talking in front of the, it was very accurate.”
Steve MaddenDec 23, 2019▶ 22:04Steve Madden: Steve Madden (2018)
Disclosure
Madden admits flipping IPO stocks back to Stratton Oakmont.
“And I told myself that it was a gray area, you know, the trading in these stocks and the flipping, they would sell me the stocks and I would sell them back to them.”
Steve MaddenDec 23, 2019▶ 24:40Steve Madden: Steve Madden (2018)
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