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Raging Bull is a 1980 American biographical sports drama film directed by Martin Scorsese, produced by Robert Chartoff and Irwin Winkler and adapted by Paul Schrader and Mardik Martin from Jake LaMotta's 1970 memoir Raging Bull: My Story.The film, distributed by United Artists, stars Robert De Niro as Jake LaMotta, an Italian-American middleweight boxer whose self-destructive and obsessive. Raging bull Mobile Casino $150 Free No Deposit Mobile Casino Bonus plus $7000 Raging bull mobile deposit bonus - Raging bull Mobile Casino accept all US players - Raging bull Mobile Casino powered by RTG Real Time Gaming.
The Federal Trade Commission, as well as state financial regulators, are accusing a New Hampshire-based company that sells stock tips and investment strategies of defrauding customers out of $137 million.
In a court filing, the FTC alleges that Raging Bull, which is headquartered in Lee, misled customers with promises of fast returns on the market, as long as investors adhered to their stock tips, which were available for purchase through monthly newsletters and $800 webinars.
In truth, the agency says there was a long list of customers who lost money following Raging Bull’s tips, and then when those customers attempted to seek refunds or cancel their subscriptions, they faced obstacles.
“The majority of consumers do not beat the market or make the kinds of returns advertised,” government lawyers write in a legal filing. “Many consumers have lost substantial sums of money in the stock market following Defendant’s strategy or trade recommendations; some consumers have even lost tens of thousands of dollars on just a few trades.”
The FTC claims the company has issued a series of recommendations in recent months geared at profiting off of the COVID-19 pandemic, saying the global health crisis has created a series of “plays” that savvy investors could turn into profit.
In total, regulators contend the company, which features market advice from at least seven men dubbed ‘experts’, has defrauded consumers of more than $137 million dollars.
In addition to the federal filing, New Hampshire’s Bureau of Securities Regulation Tuesday issued a cease and desist letter. The agency contends that company founders Jason Bond of Durham and Jeffrey Bishop of Barrington would execute trades just before releasing their tips, driving up their own profits.
“Raging Bull’s overarching theme is: I make millions trading, follow me and you can
too!” said Attorney Spill, deputy director of the Bureau.
The company hasn’t yet responded to the legal filings. As of Tuesday afternoon, its website was still touting investment strategies including two “option plays” that would benefit from the latest vaccine news.
Regulators accuse Raging Bull of deceptive practices, including giving customers the illusion that the company’s owners were earning millions of dollars off of their own investment savvy. Images on the company’s website appear to show the company’s owners boarding a private jet.
“Based on the Bureau’s investigation,' regulators wrote, '....Jason Bond, is not a millionaire trader earning millions in trading profits annually. Additionally, Raging Bull does not own a jet plane.”
The FTC’s lawsuit was filed in a federal court in Maryland, where Raging Bull also operates an office.
Martin Scorsese's 1980 film was voted in three polls as the greatest film of the decade, but when he was making it, he seriously wondered if it would ever be released: “We felt like we were making it for ourselves.” Scorsese and De Niro had been reading the autobiography of Jake LaMotta, the middleweight champion whose duels with Sugar Ray Robinson were a legend in the 1940s and '50s. They asked Paul Schrader, who wrote “Taxi Driver,” to do a screenplay. The project languished while Scorsese and De Niro made the ambitious but unfocused musical “New York, New York,” and then languished some more as Scorsese's drug use led to a crisis. De Niro visited his friend in the hospital, threw the book on his bed, and said, “I think we should make this.” And the making of “Raging Bull,” with a screenplay further sculpted by Mardik Martin (“Mean Streets”), became therapy and rebirth for the filmmaker.
The movie won Oscars for De Niro and editor Thelma Schoonmaker, and also was nominated for best picture, director, sound, and supporting actor (Joe Pesci) and actress (Moriarty). It lost for best picture to “Ordinary People,” but time has rendered a different verdict.
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For Scorsese, the life of LaMotta was like an illustration of a theme always present in his work, the inability of his characters to trust and relate with women. The engine that drives the LaMotta character in the film is not boxing, but a jealous obsession with his wife, Vickie, and a fear of sexuality. From the time he first sees her, as a girl of 15, LaMotta is mesmerized by the cool, distant blond goddess, who seems so much older than her age, and in many shots seems taller and even stronger than the boxer.
Although there is no direct evidence in the film that she has ever cheated on him, she is a woman who at 15 was already on friendly terms with mobsters, who knew the score, whose level gaze, directed at LaMotta during their first date, shows a woman completely confident as she waits for Jake to awkwardly make his moves. It is remarkable that Moriarty, herself 19, had the presence to so convincingly portray the later stages of a woman in a bad marriage.
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Jake has an ambivalence toward women that Freud famously named the “Madonna-whore complex.” For LaMotta, women are unapproachable, virginal ideals--until they are sullied by physical contact (with him), after which they become suspect. During the film he tortures himself with fantasies that Vickie is cheating on him. Every word, every glance, is twisted by his scrutiny. He never catches her, but he beats her as if he had; his suspicion is proof of her guilt.