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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (9863)5/17/2002 2:38:08 PM
From: Terry D  Respond to of 19428
 
I gotta tell you - the stories you guys print here continue to amaze me. Even though I was on equity trading desks for 15 years - I had no idea this stuff really went on. It wasn't as blatant on the instit. side. It all shares an incredible amount of outright stupidity.

Although I saw plenty of shady stuff. Do you guys remember Alan Bond? Used to be on Ruyckeyser's (sp) show - had a firm called Bond Procope. Stole flagrantly from his clients - bunch of dumb money Taft Hartley type accounts, unions, municipal workers that mandated using minority owned firms (Mr. Bond is African Amer). Last I heard he was still on trial.

I handled a ton of his trading in the mid 90's - almost went to work for him. They guy was making a fortune - all he had to do was index and sit back and collect his 50 basis points. Was not enough for him. Hell of a nice guy, beautiful wife, pleasant kids.

All gone and then some.

TD