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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Shane M who wrote (40800)12/23/1998 11:59:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Shane, Schwab cannot lower commissions much. Too much overhead. Especially with the funds not bringing in as much fee growth lately.

Ameritrade is one of my brokers, or was until they stopped paying short sale rebates. The increase in fees from stealing from short sellers accounts for nearly all their profit growth. That is not a repeatable bit of business.

MB