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How times change. When I traded there in '02 hardly anyone on my team save myself even graduated college.

I think Time Warner is buying them after they merge with AOL. Oh, and AT&T 's monopoly is being busted.:D

1. Don't put up or keep much capital at a pro firm (hopefully self-evident at this point :) ) 2. Get the best deal as far as commissions, leverage, and bullets as you can (admittedly difficult if you have no track record but ask anyway). 3. Ask about risk management up front (specifically...

9 out of 10 people on the Street don't even know prop shops exist.

From the NY Post: http://www.nypost.com/seven/10162003/business/8222.htm

I like the specialist system. Specialists are boringly predictable most of the time and the sharp trader can profit from their patterns. I don't find electronic markets any more "fair," whatever that means. It's like blackjack versus poker. Blackjack players like the predictably of a...

It's kind of sad. Despite all the crap I enjoyed working there.

That's it! Baron ran them out of business. :)

Damn, you beat me to it! :)

It was mostly over-expansion. I was there for a year and they went from something like 500 to 800 traders in the span of six months or so. Too much overhead, not enough profitable traders, and when the volume started shrinking...

Everyone likes a good train wreck.

Did anyone bring up the point that the WMDs may yet be found? Thought not.

Why go short now? Because the market is "too high"? Go ahead. You'll be sorry.

Go eat some meat.

Super_Ego = FruityPebbles = FasterPussyCat. You're fooling exactly no one, bub.

Harry, you might want to read up on the principle of Occam's Razor.

I honestly think this is the sharpest administration in a century. http://www.nationalreview.com/comment/comment-schulz081803.asp

This single comment shows that you are incapable of understanding the situation and that your arguments are therefore invalid in their entirety.

Maybe in a decade or three.

I'm sure this is just a coincidence. A spectacularly amazing coincidence but... http://www.foxnews.com/story/0,2933,93556,00.html