No, Bernie was mismanaged. And he did flip flop transactions.
But it was management, and his management hired the wrong traders. Human resources was off track during the the hiring practices.
All our block NYSE trades did not go to the floor, we went to MADF.
I usually was a fair trader, but I clipped $50,000 on a trade from MADF on Bessie. 99.99999999999999999999999999999% of fake traders on ihub have no clue what I am talking about.
That was in 1992, I felt good and bad at the same time. But I took it, it is called trading.
I can remember her name, it was Maria.
MADF was not an organized institution.