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Ed, thanks for the info and additional contact.
Regards,
Monte
Ed Kiers wrote:
>
> Monte,
>
> I trade at Refco and asked Halim Saad in London. Halim is not a clerk, he
> knows this.
>
> Ed
>
> ----- Original Message -----
> From: "Saad, Halim" <HSaad@xxxxxxxxxxxxxx>
> To: "'Ed Kiers'" <rokinseq@xxxxxxxxxx>
> Sent: Friday, October 26, 2001 10:33 AM
> Subject: RE: Lind-Waldock Facts and Fiction
>
> Ed,
> True
> Halim
>
> -----Original Message-----
> From: Ed Kiers [mailto:rokinseq@xxxxxxxxxx]
> Sent: 26 October 2001 08:08
> To: Refco
> Subject: Fw: Lind-Waldock Facts and Fiction
>
> Halim,
>
> >From the Omega user list.
>
> Ed
>
> ----- Original Message -----
> From: "Monte C. Smith" <mcs@xxxxxxxxxxx>
> To: <omega-list@xxxxxxxxxx>
> Sent: Sunday, October 27, 2002 5:35 AM
> Subject: Lind-Waldock Facts and Fiction
>
> Hi folks,
> I try to separate truth from rumor when I can, but am not always
> successful. Maybe someone can give me some facts on this.
>
> What I've 'heard' is that heads keep rolling at Waldock... Marty Doyle,
> CEO and Legal counsel has been let go. Elliot Berkovitz, VP Strategic
> Planning, the same.
>
> Trades that were being cleared through Lind-Waldock are now being
> cleared by REFCO, and L-W is no longer a clearing member.
>
> Rumor also says that PMB (Professional Market Brokerage), who cleared
> through Waldock, is up for sale. REFCO doesn't seem interested. The
> parent company of PMB is trading under a buck (don't know their
> name.....Lotus-something).
>
> Barry Lind is about to be bought out completely, and will be out of the
> picture.
>
> Thus, you have no account at Lind-Waldock, it's Refco. What do you think
> of the 'new' Lind-Waldock.
>
> Interesting to note that Refco's aquisition of Waldock created many
> changes, but these changes seem to have accelerated after Refco's later
> and quiet acquisition of Main Street Trading, a firm with close ties to
> Ken Roberts, and with insane commisions.
>
> Anyone have the facts?
>
> Thanks,
> Monte
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