I don't want any flack about nominating someone from RB because this deserves serious consideration
By: Stock_Trader9 $$$ Reply To: 16630 by lmbass $$$ Sunday, 29 Jul 2001 at 4:51 PM EDT Post # of 16652
hey IMANASS, its very simple: Listen closely ok?
IF what yourself and the NYSE say were true, these brokers and floor traders simply exchange dollar for dollar and dollar for stock/securities on a 100% 1 for 1 basis for the general public, then how on earth does the NYSE come up with the money over and above one time listing fees for:
1)Salaries of floor traders/brokers 2)Salaries of secretarial, facilitator, administrative staff and personel. 3)Rent 4)City and State taxes 5)Advertising budget for printed and televised media. 6)Printing of Stock Certificates , equipment, time, manpower 7)Electronic equipment purchases (lots) 8)Maintain, fix, and update electronic equipment 9)Etcetera/miscillaneous items us little guys are unaware of....I.E. petty cash fund 10)Charitable Contributions 11)Parties (are you or I ever invited?) 12)Palatial Estates owned by these "middlemen/women" and NYSE members. 13)Limosines and expense accounts middle management. 14)Limosines and expense accounts for upper management. 15) Huge offices, professionally decorated.
Imbass, you are a complete JACKASS.
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