Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Datek Brokerage $9.95 a trade -- Ignore unavailable to you. Want to Upgrade?

To: dumbmoney who wrote (8513)	5/10/1998 10:19:00 AM
From: jumper	Respond to of 16892

search.nytimes.com. YOU DON"T THINK , WE USEING DATEK ARE'NT IN TROUBLE ? !!!!!!! jumper

To: dumbmoney who wrote (8513)	5/10/1998 10:25:00 AM
From: jumper	Read Replies (1) \| Respond to of 16892

search.nytimes.com When you go the 2 urls ,hit search ,type in Datek Sec. and find artical .A quote from paper is as follows, !!!SEC officials are investigating whether Datek was part of a stock manipulation scheme in recent years involving the sale of securities to overseas investors, according to investigators, law enforcement officials and a person supboenaed in the case. The office of the Manhattan district attorney, meanwhile, says it is looking into whether Datek participated in a money laundering scheme. In one interview, he described himself as the only son of middle-class parents who worked in the insurance business. And as early as he could recall, he was passionate about computers. But in a later interview, when pressed, he acknowledged that his father, Howard Citron, pleaded guilty in the early 1990s to falsifying business records at Wakefield Securities, a small New York firm, in part of what the Manhattan district attorney called a "massive stock-rigging scheme" that cost investors millions of dollars.