OK, Still having hang over from last night party, ok back to bussiness, First of all the Big Broker houses, are too BIG, and fatty payroll, lots of high paid brokers, how can they mange to go on-line so easy, will be much harder for them to drop comssions from for example 300 to 20 dollars and let their brokers keep buying porsche and eat steak and expensive wines everyday, lollll.
By the way, I believe Banks start looking to shop these little on-line brokers, Do you remember Greenspan was in favor of the idea that banks be able to get into this bussiness. I heard Wells Fargo already has it's own site, I don't know it's true or not. If they are getting in, then other banks will follow, and it's cheaper to buy these little companies which already have clientele, and process set-up. |
