Tuesday, May 31, 2005

Floor traders, hamburgers, and bowling balls

Newsweek has an interesting (albeit short) piece on what will happen to Wall Street (residential properties?!?!) as well as specialists after the NYSE merges with archipelago.Just a Street? - Newsweek Business - MSNBC.com:My favorite part:Thain (the CEO of the NYSE) to a group NYSE floor traders:"'You can walk out the door and get a job at McDonald's,'' noting those who add value to the new NYSE

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