Theodore Weisberg has worked on the floor of the New York Stock Exchange for 36 years, through charging bull markets and ferocious bear markets, the 9-11 terror attacks and trading scandals. Now, however, he’s facing the biggest change he’s seen at the exchange, indeed, in the 213-year history of the Big Board – the acquisition of all-electronic…
Read MoreSeatholder pushing lawsuit against current NYSE merger deal wins the day as Judge trashes Goldman.
Read MoreA $6-billion merger of Chicago-based Archipelago Holdings Inc. and the New York Stock Exchange looks likely.
Read MoreIn the call to Higgins’ attorney, the caller threatened to blow up Higgins’ car in retaliation for his opposition to the NYSE-Archipelago merger, according to Higgins spokesman Allan Ripp. The merger is expected to bring more than $3 million in cash and stock for each seat on the exchange, but Higgins has sued to halt the $6 billion…
Read MoreMr. **********... *****... **********... You'd better tell Mr. Higgins ... If this deal doesn't go through, he better have somebody start his car ... because he's out of his mind ... We were sucking wind with no bids for the seats and (no _?) and no money for the leases ... Now we got money and he wants more?
Read MoreIn the call to Higgins’ attorney, the caller threatened to blow up Higgins’ car in retaliation for his opposition to the NYSE-Archipelago merger, according to Higgins spokesman Allan Ripp. The merger is expected to bring more than $3 million in cash and stock for each seat on the exchange, but Higgins has sued to halt the $6 billion…
Read MoreThis letter generated 350 proxies and $320,000 in Contributions.
Read MoreA final accomplishment was convincing the Board of Directors of the Exchange to include two Lessor Members on the Board. I made an appeal to a subcommittee of the Board of Directors, chaired by Leon Panetta and Alex Trotman, Chairman of Ford Motor Company.
Read MoreThe other thing I am reminded of is the story about a baseball player who was interviewed in the 1920's. The reporter asked the player what he thought of Babe Ruth! "Mister", he said, "It has been an honor just to play in the same league with him." Billy, I don't know how you are with a baseball bat, but for all of us let me say -…
Read MoreNYPD Civilian Commendation Award Ceremony. In recognition of valuable assistance rendered to the members of the Police Department and to the City of New York
Read MoreThis gave open telephone access to Floor Brokers. I placed an order for outside telephone in 1979. Paid for service for eight years before receiving it.
Read MoreThis gave open telephone access to Floor Brokers. I placed an order for outside telephone in 1979. Paid for service for eight years before receiving it.
Read MoreThis gave open telephone access to Floor Brokers. I placed an order for outside telephone in 1979. Paid for service for eight years before receiving it.
Read MoreIn the call to Higgins’ attorney, the caller threatened to blow up Higgins’ car in retaliation for his opposition to the NYSE-Archipelago merger, according to Higgins spokesman Allan Ripp. The merger is expected to bring more than $3 million in cash and stock for each seat on the exchange, but Higgins has sued to halt the $6 billion…
Read MoreThis vote saved the NYSE Membership. The Exchange could no longer create Membership (Seats) and Memberships went on to be valued at $8 Million. Higgins held 97 proxies until 3:50 PM Friday Night, too late for Phelan and staff to have the votes recast. Members of the New York Stock Exchange voted 574 to 510 1/2 yesterday to accept a…
Read MoreWilliam Higgins, the floor broker who led the campaign for the amendment, told The Post that at least 200 floor brokers be hired by small brokerage houses as the result of last week's vote. Higgins insisted that eliminating annual memberships was the less important of the two changes: "What we really did was increase access," he said,…
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