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Karupted Charles · 11-05-2005, 12:30 PM

14.Discuss your time working as a stock broker and things that happened in this job in detail.

Well this one could take up pages and is much better told in person. I became a broker two weeks after I turned 19. I was and still am to this day the youngest broker ever at the firm, in addition to holding the record to the largest opening trade in the firms history. We mainly pushed small cap IPO's private placements and bridge loans. Very speculative extremely risk ventures that were almost guaranteed to fail. However when they work they worked big and made up for all the looser's (usually). It was all good and fine until the day the we got shut us down. A few of us were hand picked by the senior partners and those of us with clean reputations were sent us off to another location for a bit so we could come back to NY when it all was done. It was not till we got back that we found out the owners had been selling thier personal shares out to our clients. This is when I realized that no matter how legit or reputable a business is in the mainstream eyes that it can still be and often is all a charade. The opinion of me people developed because I made it as a stock broker was only worth so much if I could not sleep at night or look at myself in the mirror. I made a decision to never work for anybody if I did not have knowledge of how the entire operation operated to verify it was clean and proper. Needless to say I never went back to the brokerage industry and have since let my license lapse.

Of all the job over the years I have never been prouder of my involvement with any company more then Karups. What is most puzzeling to me is the same people that told me good job and were so proud of you when I was a stock broker are now the first to judge me as a pornographer. Yet I can sleep at night knowing we work had to deliver a great product with more updates then anybody and running a clean program that keeps both webmasters and members satisfied (pun intended).

11-05-2005, 12:30 PM
Karupted Charles Confirmed User Industry Role: Join Date: Jul 2001 Location: MI Posts: 1,662	14.Discuss your time working as a stock broker and things that happened in this job in detail. Well this one could take up pages and is much better told in person. I became a broker two weeks after I turned 19. I was and still am to this day the youngest broker ever at the firm, in addition to holding the record to the largest opening trade in the firms history. We mainly pushed small cap IPO's private placements and bridge loans. Very speculative extremely risk ventures that were almost guaranteed to fail. However when they work they worked big and made up for all the looser's (usually). It was all good and fine until the day the we got shut us down. A few of us were hand picked by the senior partners and those of us with clean reputations were sent us off to another location for a bit so we could come back to NY when it all was done. It was not till we got back that we found out the owners had been selling thier personal shares out to our clients. This is when I realized that no matter how legit or reputable a business is in the mainstream eyes that it can still be and often is all a charade. The opinion of me people developed because I made it as a stock broker was only worth so much if I could not sleep at night or look at myself in the mirror. I made a decision to never work for anybody if I did not have knowledge of how the entire operation operated to verify it was clean and proper. Needless to say I never went back to the brokerage industry and have since let my license lapse. Of all the job over the years I have never been prouder of my involvement with any company more then Karups. What is most puzzeling to me is the same people that told me good job and were so proud of you when I was a stock broker are now the first to judge me as a pornographer. Yet I can sleep at night knowing we work had to deliver a great product with more updates then anybody and running a clean program that keeps both webmasters and members satisfied (pun intended). __________________ TPF 2010 "They are eating our sausages!"