Lemme get out my mini violin.
These old washed up seat owners like Ted Weissberg are "bittersweet". Send these old boys upstairs to The Luncheon Club for a few Bloody Bulls.
If I got 6.3MM worth of stock and cash for my seat I would be thrilled. Remember a year ago NYSE seats were 1.2MM? If Thain did not do this deal with ARCA 11 Wall was ready to be converted to "The Buttonwood LOFT condos."
These guys have a ton of extra cash now for acquisitions, CBOT or ICE are going to be in play soon.
