Search results

Has Worldco officially declared bankruptcy yet. If so, when will they pay out the remaining capital or explain why they can't. If not, then when the hell are they going to settle their tax dispute & go under?

Apparently a positive one. There was big money made when the markets opened back up after 9/11, and the Worldco hit its peak (with # of traders and floors offices leased) in 2002.

I dont' have to ask around. I saw!! You're soooo wrong!!

Don't forget that Worldco was soliciting and taking money from people right up until the week they closed. As far as top traders, though, some had left. Many, maybe most, top traders were at Worldco till the end.

So far you've said erroneous things about Worldco inventing married puts, revolutionizing the industry, and Walter shutting the company down (his family did, because he was already moved out by then). Now you are way underestimating the amount still owed. Why don't you just try to get the facts...

It wasn't about regulatory matters that they witheld 33%. If you ask others to be fair, then be honest. They withheld 33% because, by their own admission, they are in a tax dispute with the state. Add that to the fines they had to pay, and they may not have enough to pay people the final 33%. No...

thank you for doing so. that didn't sound right to me either.

Actually they required 1500 shares on married puts until the latter part of '02. And many people had to start with fees much higher than a penny. Doesn't Assent pay every 2 weeks also? Almost everyone does.

no, but the bruans not only owned PTJP, they got nailed for co-mingling funds and and people/equipment.

millions is a small amount?

nor does it represent stops, market orders, or "mental" stops. Add this to the institutional orders on the floor not reflected and it doesn't seem that all that much meaningful info is represented on the book.

is this a real site? It came up blank.

Oh, I guess Western Union is out then.

If it went to Western Union, then does it really matter?

In 2.5 hrs?

Sometimes I have to wonder if those who want to convince others that there is no real estate bubble aren't just looking for "greater fools" to unload their real estate upon. After all, if real estate values are so great, why try to convince others of it.

How many motivational seminars do you go to? :D

You said this twice now. You don't really believe this do you? This would require a conspiracy involving hundreds (if not thousands), where everyone keeps their mouths shut. And all these rich people risk huge trouble, according to your idea, in order to find some way to profit from closing a...

It depends on whether you're a scalper or more of a position traders.

I know that echo is a decent place, but the above description, for ANY firm, never sounds sincere. It sounds like a marketing line!