Madden: Stratton Oakmont ran pump-and-dumps; Steve Madden was only real company
Steve Madden · Steve Madden: Steve Madden (2018) · Dec 23, 2019 · at 23:11
Footwear designer Steve Madden reflects on taking his company public through Stratton Oakmont, the brokerage firm led by Jordan Belfort and Danny Porush.
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“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.”
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