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Politics : Should God be replaced? -- Ignore unavailable to you. Want to Upgrade?

To: Solon who wrote (12619)	6/18/2002 11:50:11 AM
From: Frederick Smart	Read Replies (1) \| Respond to of 28931

Solon..... >>"I worked out of an office on the 15th floor for years" Did you find everyone there pretty honest? "Kellogg" is my middle name. And I was born in Battle Creek Michigan. Eerie...>> First, I am no relation to the "Kellogg" family of Battle Creek cereal fame. My father, Frederick K. Smart, Jr. was a born and raised Westchester County - New Rochelle, Pelham Manor - New Yorker who was an only child to an extreme wealthy NY-American Exchange stock market "player" who lost everything in the crash. And, as the old financial saw Richard Ney used to say "like iron filings to a magnet", all the financial markets attrack the very best and brightest corrupt minds, hearts and souls. The financial floors and pits are "a sinners paradice." It was a wonderful place to receive and share "the truth!!" Some folks, including myself, made lots of money off the ideas that I freely received and shared. I'll never forget the time I came up with a simple equation to lock up the S&P500 versus the CBOT's Major Market index which is based on the 20 largest cap stocks in the US market. I didn't have the money to execute this arbitrage but the principal of our firm who I shared the idea with certainly did. Within 1-2 hours he and I - I was his clerk-agent on the floor at the time - purchased over 80% of the entire outstanding open interest in the CBOT's Major Market index. This little foray moved the entire stock market and was a huge inside story. The gentleman who had the money, the late Ralph Peters, was formerly Chairman of the CBOT and is one of the most aggressively balls to the wall successfull traders in the history of the stock, options and futures markets. I was his protoge and he was my mentor. But, boy, was he a mean son of a bitch!! And I loved him dearly!! Problem was he could never, ever "buy me". And this drove him up the wall for I couldn't be controlled. The CBOT tried everything to get Ralph Back in the MMI futures contract. They even changed the entire contract in an attempt to suit his needs and then on the opening day all the traders wore buttons that asked "Where's Ralph?" If you knew the man they would have understood that Ralph made millions off that ONE (1) simple trade between the S&P500 and MMI index. He had ZERO/NO interest to play footsie with the politics of the CBOT, me or anyone else. Money is what drove the man. Pure and simple. But I learned volumes of things that are never written, taught and which cannot be bought or sold in the halls of education that pass themselves off as "institutions of learning." There's a ton of energy, light and love that has passed through many, many, many nooks, crannies and aspects of Chicago and every other major city in our world. Chicago in general and 141 W. Jackson Blvd. in particular, is an incredible location in an incredible spot - right by a massive body of FRESH water - where there have been some incredible "out there" minds that have shaken the political, sociological and financial foundations of our world. And this will continue!! 119293!!