In Reply to: Boiler Room posted by Julie Hall on November 27, 2001 at 15:05:07:
I think they just had a big collection of buisness cards of people who's job would suggest a certain income level. They had to call them and feel the person out to see if they actually were a whale or not. But, the trainees were told that all of the people had money to invest, so they would be more agressive on the phone. Although some poor people ended up losing their life's savings, not just extra money they had sitting around.
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