Based on the case that captivated the country in the early '80s, the BILLIONAIRE BOYS CLUB tells the shocking true story of Joe Hunt, a charismatic financial whiz kid who refused to let anything or anyone stand in the way ... more »of his pursuit of immense wealth.Starring Judd Nelson (The Breakfast Club, St. Elmo's Fire) in one of the most compelling performances of his career as the brazen and ambitious Joe Hunt, and Ron Silver (Ali, The West Wing) as the con man who ultimately becomes his victim, the BILLIONAIRE BOYS CLUB is a thrilling expos? of an era of excess and what happens when the desire for cold, hard cash trumps all.« less
"What makes this movie so interesting is that it is based on a TRUE story. The story line stays close to the actual court transcripts, and as the story unfolds there are frequent scene cuts back to the courtroom testimony.
Joe Hunt was the "nerd" kid who went to a prestigious school on a scholarship. He was a smart kid, and on the debate team, but no one paid much attention to him back then. When he returned to town a few years later, he contacted some of his old classmates, who were all from wealthy families. They discussed how when your parents are highly successful, it is difficult or impossible to live up to your parents' expectations. Joe Hunt convinced these former classmates that they should "start at the top." Join his organization called the BBC.
This newly formed organization was involved in various business ventures, but primarily commodities trading, attracting investors with a new invention they bought the rights to, and importing gray market vehicles. This BBC was both a business venture and a classy social club. Joe Hunt convinced his new business partners to invest their personal money in the BBC too, presumably for the commodities market, but actually Joe Hunt used the money to cover other business expenses of the BBC.
Joe Hunt promoted his "paradox philosophy," which is basically that it is okay to tell lies if it helps advance your position. It follows that Joe Hunt was severely lacking in any business ethics. When the BBC started to run out of money, a plan was hatched to extort money from someone, and then kill him. This was done, and then Joe Hunt called to staff meeting to say, "We bumped off Levin, and if anyone goes to the police, you will be dead too." This was a strange way to resolve corporate debt.
This put his peers into a moral dilemma. Some had already become disenchanted with the charismatic Joe Hunt. Others were strong supporters. Eventually, a couple of guys went to the police, but the police were slow to react without any evidence. Joe Hunt found out someone had been talking to the police, and declares war on those BBC members who had betrayed him.
You will have to watch the movie to see how this turns out. Again, the amazing thing is that this is a true story. Truth is stranger than fiction. "
A recipe for murder
Kerry D | Southern California | 09/27/2008
(5 out of 5 stars)
"Judd Nelson is excellent as Joe Hunt in this true story about greed and murder amongst the rich and privileged of Los Angeles.
Joe Hunt came from a poor family and was considered by his former "privileged" classmates as being nerdy, unpopular, and a scholarship kid. After college, Joe became reacquainted with some of his rich former classmates through Dean Karny. He convinced this group of guys that he was an expert in commodities trading and he had a "risk free" strategy that would produce big returns. The guys were very impressed so they gave Joe all of their inheritances to invest in the commodities markets. But instead of investing the money, Joe used their money to rent office space and hire employees for his new company, the Billionaire Boys Club.
Joe scammed money from wealthy businessmen, spent some of the money to maintain his lavish lifestyle and the rest he lost in the commodities market. And to keep his investors from getting suspicious, Joe mailed out fake statements that showed a small profit but eventually the investors started asking for their money back. Joe was desperate to find new investors.
Joe met Ron Levin, who was a wealthy businessman and con-artist himself. He was hoping to scam Ron Levin out of enough money that he could bail out the BBC. But as it turned out Ron scammed Joe. Joe was furious and decided to kill Ron Levin. Joe's biggest mistake was leaving a hand written "to-do list" at Ron's house. The police found this list and later used it in court. The prosecutor proclaimed, "It's a recipe for murder".
In Joe's continual pursuit for more cash, a plot was hatched to kidnap Hedayat Eslaminia, a rich former Iranian official and hold him for ransom. This plot didn't work either and Joe was losing control over the guys. Two of the guys secretly went to the police and this led to the end of the BBC.
Two especially good books were written about this story. They are as follows:
The Billionaire Boys Club by Sue Horton The Price of Experience by Randall Sullivan
Power, Money, Corruption....An Occult of Business
Beth Nice | 02/08/1999
(5 out of 5 stars)
"An excellent movie that shows the very elements of power and prestige. If you like power movies, you will certainly love this one."
Great Power Trip!!!
Beth Nice | Port Charlotte, Florida | 05/01/2007
(5 out of 5 stars)
"I saw this movie on TV years ago, and I was very impressed with the concept of comodoties.Unfortunately with power and money also comes responsibilities, but wasn't expecting murder. Two years ago, I saw a small article in the local newspaper that said that people have seen Ron Levin(the guy that Joe had killed) at restaurants and at the theatre. People claim that he was a con artist and that he faked his own death to put Joe away for life.
Ultimate example of "Follow the Leader'
JoJo Carroll | Evanston, IL USA | 08/27/2009
(5 out of 5 stars)
"Although this made for tv film is over 20 years old, it is riveting to watch. The true story of Joe Hunt,an ambitious and brilliant young man with distorted values climbing the corporate ladder and convincing all those around him to knowingly cross moral boundaries, holds your interest from start to finish. The lead actor "Judd Nelson" is absolutely mesmerizing in every scene. The fact that you even feel some measure of sympathy for him is a true test of his topnotch acting. In my opinion, he should have been nominated for an emmy."