What's up at UBS

Jan 4, 2006 7:38 pm

Alright, What’s going on at the old Paine Webber?

Jan 4, 2006 10:09 pm

They suck.  I don't miss them one bit.

Anything else?

Maybe we can start a UBS-bashing thread.....

Jan 4, 2006 10:44 pm

Sotck is up to $100.  That's it. 

"The Swiss are nothing but German's in short-pants."  - quote I heard from a former PW guy.

Jan 4, 2006 11:00 pm

[quote=BrokerRecruit]

Sotck is up to $100.  That's it. 

"The Swiss are nothing but German's in short-pants."  - quote I heard from a former PW guy.

[/quote]

Feb 2, 2006 2:22 am

Just got my bonus numbers last week, I’m fuming.  I thought the numbers were a joke, it was real.  Couldn’t believe it.

Worked so friggin hard in 05’ helping them earn so much business and this is what I got, I am livid.

I’m never eating Swiss cheese again.

Already started packing. 

Feb 2, 2006 4:53 am

[quote=got2breal]Just got my bonus numbers last week, I'm fuming.  I thought the numbers were a joke, it was real.  Couldn't believe it.

Worked so friggin hard in 05' helping them earn so much business and this is what I got, I am livid.

I'm never eating Swiss cheese again.

Already started packing. 

[/quote]

How much was it and how much were you expecting?

Feb 2, 2006 5:44 am

[quote=got2breal]Just got my bonus numbers last week, I’m fuming. 
I thought the numbers were a joke, it was real.  Couldn’t believe
it.

Worked so friggin hard in 05’ helping them earn so much business and this is what I got, I am livid.

I’m never eating Swiss cheese again.

Already started packing. 


[/quote]



My bonus was sicK!   I like swiss cheese.  Thaks ML.

Feb 2, 2006 11:13 am

UBS largest producing broker in Columbus, OH and perhaps the state of Ohio was so fed up with his chintzy bonus he packed his bags and bailed for Bear Stearns last week.

Bear Stearns is pleased to announce that former UBS broker, Brad Kastan, and former LM broker, Jim Bowman, are starting Bear's 3rd satellite office in Columbus, OH.

Stay tuned...more new satellite offices on the way. Must be large producers. Must be non crybabies (disqualifies many of the posters on this thread). Must have a clean CRD. No thanks to salesmen who are proficient at peddling variable annuities or house mutual funds to their mothers-in-law!

Feb 2, 2006 2:47 pm

[quote=ymh_ymh_ymh]

UBS largest producing broker in Columbus, OH and perhaps the state of Ohio was so fed up with his chintzy bonus he packed his bags and bailed for Bear Stearns last week.

Bear Stearns is pleased to announce that former UBS broker, Brad Kastan, and former LM broker, Jim Bowman, are starting Bear's 3rd satellite office in Columbus, OH.

Stay tuned...more new satellite offices on the way. Must be large producers. Must be non crybabies (disqualifies many of the posters on this thread). Must have a clean CRD. No thanks to salesmen who are proficient at peddling variable annuities or house mutual funds to their mothers-in-law!

[/quote]

How long have you been a recruiter?

Feb 2, 2006 2:54 pm

[quote=mikebutler222][quote=ymh_ymh_ymh]

UBS largest producing broker in Columbus, OH and perhaps the state of Ohio was so fed up with his chintzy bonus he packed his bags and bailed for Bear Stearns last week.

Bear Stearns is pleased to announce that former UBS broker, Brad Kastan, and former LM broker, Jim Bowman, are starting Bear's 3rd satellite office in Columbus, OH.

Stay tuned...more new satellite offices on the way. Must be large producers. Must be non crybabies (disqualifies many of the posters on this thread). Must have a clean CRD. No thanks to salesmen who are proficient at peddling variable annuities or house mutual funds to their mothers-in-law!

[/quote]

How long have you been a recruiter?

[/quote]

A better question would be "How much longer do you plan on being a recruiter?"

I can't believe that this stupid broad would come here and insult a pool of prospects.

Feb 2, 2006 7:49 pm

I am not a recruiter, though I have managed to persuade (without hardsell tactics) quite a few brokers who are perfect “10’s” to trade up to Bear Stearns and/or other prime firms.

Feb 2, 2006 7:58 pm

[quote=ymh_ymh_ymh]I am not a recruiter, though I have managed to persuade (without hardsell tactics) quite a few brokers who are perfect "10's" to trade up to Bear Stearns and/or other prime firms.[/quote]

And you did so out of the kindness of your heart, right?

When I hear about BSC's retail connections the first thing that comes to mind is Brooks Brothers selling products at Walmart. Yeah, it's a great institutional name, but the slimeball retail outfits that I've seen that feature their clearing agent, Bear, as if they're somehow the retail arm of Bear, well.....I think they've sold their name on the cheap.

What sort of real retail presence does Bear have these days, or are we still talking about just b/d ops?

Feb 2, 2006 8:16 pm

[quote=ymh_ymh_ymh]I am not a recruiter, though I have managed to persuade (without hardsell tactics) quite a few brokers who are perfect "10's" to trade up to Bear Stearns and/or other prime firms.[/quote]

No of course not...you're an "executive placement engineer"......

Feb 2, 2006 8:58 pm

I’m a recruiter.

Feb 2, 2006 9:05 pm

[quote=BrokerRecruit]I'm a recruiter. [/quote]

Yes and BR I have no problem with that.  Unlike our friend here, you've been honest and upfront about it all along.

Feb 2, 2006 9:10 pm

I was simply trying to state the obvious and be a little bit of a smart@$$.  I do appreciate, though, that no one has really had a problem with me being on here - there's good dialogue and it's thought provoking.  And look - how long has it been since we've had an EDJ topic? 

Feb 2, 2006 9:20 pm

The "boys" as in resident peanut gallery with nothing better to do than peddle variable annuities/house mutual funds have a problem with women who are non domestic engineers (like their wives) for some reason.

Must be the new rules about no more strip clubs or something.

Have a nice evening, everyone.

Feb 2, 2006 9:20 pm

oh, no, BR, …  Now you’ve done it!

Feb 2, 2006 9:29 pm

[quote=ymh_ymh_ymh]

The "boys" as in resident peanut gallery with nothing better to do than peddle ......[/quote]

Since that label obviously doesn't apply fairly to everyone here, I can only assume you used it to avoid answering questions, and that you have something to hide....

Feb 2, 2006 9:34 pm

I am not a headhunter, Mr. Butler. I don't peddle house mutual funds and/or variable annuities, either.

On the peanut gallery, I view these chat boards for amusement purposes in between trades and/or earnings' confie calls, that's all.

If you're the individual who asked if I persuaded those perfect 10's to jump ship out of pure altruism (you may have to explain that for the peanut gallery), the answer is no (not out of 100% pure altruism).

Feb 2, 2006 10:17 pm

What did I do, Duke?  Or am I simply being a dolt and not getting the joke?

Feb 2, 2006 10:21 pm

ymh is not a recruiter. there’s your answer.

Feb 2, 2006 11:22 pm

[quote=broker-editor]ymh is not a recruiter. there's your answer. [/quote]

How do you know? There's your question.

Feb 3, 2006 2:12 pm

[quote=BrokerRecruit]What did I do, Duke?  Or am I simply being a dolt and not getting the joke?[/quote]

BR, I was referring to your comment that no one has brought up an EDJ topic for a while -- I was afraid just by your saying that, that it'd be the kiss of death & they'd start up again!

Feb 3, 2006 3:26 pm

One time.......at Band Camp.......I mean EDJ.........

just kidding.

Feb 3, 2006 3:27 pm

I was wondering that myself.  As entertaining as it can be to read the arguments back-and-forth, it's pretty nice seeing some stimulating conversation.

Feb 3, 2006 4:16 pm

[quote=ymh_ymh_ymh]

I am not a headhunter, Mr. Butler. I don't peddle house mutual funds and/or variable annuities, either.

On the peanut gallery, I view these chat boards for amusement purposes in between trades and/or earnings' confie calls, that's all.

If you're the individual who asked if I persuaded those perfect 10's to jump ship out of pure altruism (you may have to explain that for the peanut gallery), the answer is no (not out of 100% pure altruism).

[/quote]

Obviously you have an agenda to hide, and you figure slurring everyone here with the "...house mutual funds and/or variable annuities" is an effective dodge. It isn't.

I'm told confession is good for the soul

Feb 3, 2006 4:19 pm

[quote=ymh_ymh_ymh]

".... I view these chat boards for amusement purposes in between trades and/or earnings' confie calls, that's all..."[/quote]

Ahhhh, yum yum is obviously a NYC cab driver, what with the tradin' and confie calls and all ....perhaps a muffler shop manager in Jersey 

Feb 3, 2006 7:03 pm

Mike: I like the new signature, but I perhaps you can add, "If I say it louder, the stock will go higher!"

Feb 3, 2006 7:13 pm

Say what you will, but Jimmy does affect the stocks he touts.

You just have to take advantage of it in after hours trading (NASDAQ).

Feb 4, 2006 12:16 am

[quote=BankFC]

Say what you will, but Jimmy does affect the stocks he touts.

You just have to take advantage of it in after hours trading (NASDAQ).

[/quote]

He effects them, but the problem is, just like most Wall Street analysts, when he tracks his performance, he uses as a “buy” price the price at the close BEFORE he mentions the stock. Good luck getting that price. If you track his performance fairly, that is a “buy” price of the next day’s open, his performance is much lower. Check out his webpage and you can see it in detail. Frankly, his numbers ain’t all that hot.

Feb 4, 2006 5:57 am

Mike, in the heyday of the day trader, his word was golden.  After all, if your average hold time of a stock was less than a day, who cares why it goes up?  It's the herd mentality at it's best (or worst, if you prefer).

Sadly for Cramer and his ilk, that day is past.  So, much like Suze Orman, if they were any good at managing money, that's what they'd be doing instead of jackin' their jaws for the unwashed masses that follow that type of financial pornography.  It's been a long, long time since I've heard from a client, "I was watching CNBC last night.  What do you know about a stock called '(fill in the blank with something ridiculous)'".

Feb 6, 2006 5:13 am

[quote=Philo Kvetch]

 It's been a long, long time since I've heard from a client, "I was watching CNBC last night.  What do you know about a stock called '(fill in the blank with something ridiculous)'".

[/quote]

I wouldn't expect an annuity guy to get many calls like that. Cramer is to me a mixed bag, but there's no denying he has an enthusiastic following. Perhaps you don't get Cramer inspired calls, but I'm willing to bet other people here do.

Feb 6, 2006 2:26 pm

[quote=mikebutler222][quote=Philo Kvetch]

 It's been a long, long time since I've heard from a client, "I was watching CNBC last night.  What do you know about a stock called '(fill in the blank with something ridiculous)'".

[/quote]

I wouldn't expect an annuity guy to get many calls like that. Cramer is to me a mixed bag, but there's no denying he has an enthusiastic following. Perhaps you don't get Cramer inspired calls, but I'm willing to bet other people here do.

[/quote]

Just to correct still one more of your numerous errata, annuities make up less than 15% of my business, so I'm hardly what could be called an "annuity guy". 

It's an honest mistake on your part, as I know so much more about the product and it's use than you do.  To your bush-league mentality, that must mean that annuities are all that I use.

Feb 6, 2006 3:15 pm

[quote=Philo Kvetch] .....as I know so much more about the product and it's use than you do.  [/quote]

I think this the point where a lawyer would say you're "assuming facts not in evidence".....

Feb 6, 2006 3:21 pm

I can only go by what you've posted, an there is no evidence from your posts that you have even a rudimentary understanding of math, business, investments or politics.

So your posts are either an hoax, or you truly are posessed of limiterd intellectual capacity. 

Take your pick.

Feb 6, 2006 3:24 pm

TYPO: limited

Feb 6, 2006 3:44 pm

[quote=Philo Kvetch]

TYPO: limited

[/quote]

I like it better the first way.

Feb 6, 2006 4:01 pm

[quote=SonnyClips]
I think he is probably a net gain for brokers especially those selling Goldman Sachs funds given his drooling positive remarks about the firm. [/quote]

I'd agree with you, Sonny.