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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: lorrie coey who wrote (13646)5/10/2000 1:29:00 PM
From: SLSUSMA  Read Replies (1) | Respond to of 13953
 
I'd take BWAC with a grain of salt. About 2 weeks ago, a guy named steve said that he had some stock (of his own company) in a E*Trade account and he wanted to transfer it out to another broker. It was a OTC:BB stock and this dude had $19 million worth or something. Anyway, he thought E*Trade had loaned it out to short and was dragging their feet in transferring it.

Anyway, BWAC got all defensive and started to accuse the guy of all sorts of things. You see, for a master CONSULTANT, BWAC doesn't seem to have considered the fact that the dude was an insider and just wanted his stock out of E*Trade. He gave all sorts of mumbo jumbo about SEC, FDIC, SIPC, etc. rules here and there.

Makes me think that his definition of consulting is asking customers if they wanted fries with their cheeseburger.