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To: Ted David who wrote (2794)6/1/1999 11:08:00 AM
From: Jim S  Read Replies (1) | Respond to of 17683
 
I'm a bit surprised that there isn't more pro and con discussion about the new extended hours issue. I'm hearing a lot from brokers who are whining about all the problems they will now encounter (awww, pore thangs!), but very little from the "consumer side." And, even more noticably absent from the discussion are the owners of ECNs, the ones who will be the biggest winners if the new hours actually come to pass.

My opinion is simple -- if the brokers and MMs are unhappy, it must be good for us little guys. <g>

jim



To: Ted David who wrote (2794)6/3/1999 5:36:00 PM
From: Hawkmoon  Respond to of 17683
 
Ted,

I heard you and Sue discussing Alice Rivlin's resignation and the reasons for it.

Quite likely the reason was that her ex-husband was involved in a $1 million fraud in which he guaranteed a $16 million return to his investors.

The SEC fined him $16 million, or the amount the investors expected to receive. Precedent setting case.

Apparently, there is a article on him as the fraudster of the year in the recent edition of Forbes magazine.

forbes.com

Mr. Rivlin was a very bad boy... I know someone who was personally burned by his activities, although not as an investor.

Regards,

Ron



To: Ted David who wrote (2794)6/4/1999 12:10:00 PM
From: Jim S  Read Replies (1) | Respond to of 17683
 
Ted, thanks for the interview with Island's Andreesen (sp?) today. I consider it a public service. IMO, a lot of education is needed about ECNs and where they fit in the scheme of things -- I know that I sure need to learn more.

Good interview, and thanks again.

jim