The Next Online Brokerage - Built By You

[Churak]

even better...CEO of Fringe Brokerage Firm For Sale - price $35,000...ROTF...oh my...he rags on MATTY for selling for "only $2.9 mil" and yet he can be bought for $35K...sounds like that Mastercard Commercial...price for annual iHub membership - $89.95...price for CEO of brokerage firm posting insane ramblings on the internet - priceless...lol


By: nycnpbbkr
22 Dec 2006, 01:20 PM EST
Msg. 24412 of 24416
(This msg. is a reply to 24411 by nycnpbbkr.)
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Funny thing is happening right now, there is a proposed merger between the NASD and the NYSE, I have the NASD e-mailing me all week calling me nearly twice a day soliciting my vote, not only the NASD but the NASD's proxy company is calling soliciting my vote, then there is this other guy calling me soliciting me to vote no on the proposal.

So here's the deal, seems there is some overlap and synergies between the NASD and the NYSE and the NASD tells us that they believe if us members don't do the merger the SEC will do it, bah bah.

One problem I have is I've been hearing there might be some big payments to NYSE people but none of these NASD people seem to be able to answer that question for me. Grasso all over again, so maybe it's not the best idea for NASD members to vote yes.

However here's the cash deal, if the proposal goes through every NASD Broker Dealer will receive a check for $35,000 in the second quarter of next year, Seems the NASD has 1.6 billion in cash and is paying it's member $35,000 or around 120 million to do the merger, they say this is the most they can pay us and keep their tax exempt status.

Hey 35 large is 35 large.

http://ragingbull.quote.com/mboard/boards.cgi?board=BANMAN'S&read=24412