Quote from I Missed Boat:
Although you were responding to someone else, I'm wondering who the hell you are to tell someone what a "small amount of money" is, especially when you don't even know how much it is.
Worldco traders had a nice ride for quite a few years? That depends on how many years they were there. Remember that Worldco was bringing people in (with money down) within a week and two of closing down. And some good traders from other firms came over to Worldco within days, months, a year, etc of Worldco closing down.
So which member of management do you represent?
in general worldco hired disciplined people with high grade point averages who could get well paid jobs but wanted opportunity to make big money.
your statements are inconsistent. on one hand you say i don't know how much people put up. on the other hand you ask which member of management i am. a member of management would certainly be in a position to know.
actually you said represent management which would probably allow someone to be familiar with issue of upfront money