worldco going out of business??
- Thread starter st0ckman
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There may be lawsuits, but there is no way at this time for traders to get there money back. And it is likely even with a lawsuit traders will never fully be made, as lawyers say, "whole."
Quote from bmwstox:
yeah, well can you hire Pamela Mackay? b/c it seems like worlco pulled a Kobe on u.
I'm not even going to bother with you b/c I remember you complaining about worldco a long time ago. You're immature and it's not worth wasting my time.
I for one never touted worldco. If you were a good trader you were treated well. If you weren't good, you weren't treated well. No one saw this coming though and it took a lot of people by surprise. I work(ed) there, true, but I never bothered looking for a new place b/c I really didn't plan on sticking with trading for the long term. I made money, it was kinda fun, but it's just not for me. Seems I just had my choice made for me a little quicker than I thought. Very lucky for me I took the majority of my capital out months ago and I may or may not only lose a few grand. I'd obviously rather have it than not, but what are you going to do.
I just think it's shitty to say how funny it is and make jokes when a lot of innocent people are going to "get a kobe pulled on them". Try to distinguish between your dislike for Worldco as a company and the traders that worked there to make a living and might have families to support. Some people are getting the shaft here it and I don't think that's funny at all. Again, grow up.
To those Worldco traders who had an attitude - YOU DESERVE IT! Even the so-called "top" traders who left Worldco to form other firms(that failed) were jerks. Worldco philosophy "poisoned" many traders into becoming arrogant snobs. I hope the next firm their ex-traders join are not egomaniacs.
what the hell are you talking about. Most traders at WLDCO didn't have any big egos at all. And what Worldco philosophy are you even talking about. Do you even KNOW more than 2 or 3 wldco traders (or any for that matter)? In fact, many top traders at other firms are former wldco traders, and they are well liked at those firms. Meanwhile, many people who were pricks at wldco came from other firms. Why don't you just stick with your 50 share "best execution" ameritrades and stop resenting everyone else. You deserve your receptionist job, but you don't hear us asking you to go pick up our dry cleaning and lunch, now do you.
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