Bud Fox was a telelmarketer for Jackson, Steinham, and Jackson, Steinham was a boler room.
BTW, I worked in a true boiler room back in the early 90's, two of them actually. First Struart James, and then later Thomas James. I never opened a single account either time, I was the worst broker in the history of Wall Street. BTW, my first day on the job at Stuart James was the day Iraq invaded Kuwait. The brokers were dying after that, they couldn't get anybody to buy anything. I made anywhere from 200 to 300 calls a day and every one of them told me the same fucking thing, "I'm waiting for this Iraq thing to get over with". We said they had Iraqiphobia, a take off from the movie Arachnaphobia.
Also, every single person we talked to on the phone or otherwise ALL thought that the market would tank when the war started. There was NO exceptions. So I always laugh whenever I hear all these people who say they knew we would quickly defeat Iraq and stocks would skyrocket.