[quote=Greenbacks]

Does any one besides me remember this company and what happened to them?

I remember there slogan ( When E.F. Hutton speaks people listen!)

[/quote]

Yes, someone besides you does. 

E.F. Hutton was absorbed by what is now Smith Barney.

Oops, I just realised that you guys know this already.  I mis-took the tone of the question. 

[quote=SonnyClips]Hey wasn't it... "When E.F. Hutton Talks People Listen." I remember that sh*t. They kept doing it to larger and larger groups of people. Started in a restaurant wound up at Yankee stadium or some sh*t. I think they ran out of people to listen.

Don't forget John Houseman doing... "At Smith Barney we Don't Make Money We Earn It."[/quote]

Actually, it was, "At Smith Barney we make money the old-fashioned way.....We EARNNNNN it."

and didn't someone do a spoof on it

"At whomever it was we make money the old fashion way, we inherit it"

[quote=compliancejerk]

and didn't someone do a spoof on it

"At whomever it was we make money the old fashion way, we inherit it"

[/quote]

Robin Williams did a great take on it (and he was a freind of John Houseman). "At Smith Barney we make money the old fashioned way, we pimmmmip for it".

I though Lehman bought EF Hutton…had the bame shearson-lehman-hutton for a short time and now is lehman bros?  Is that correct?

I honestly thought it was Morgan Stanley and EF Hutton that hooked up.  Wasn’t EF Hutton part of the Sears broker deal, where an actual broker was located in some of the Sears Dept. stores?

Csmelnix, that's Dean Witter you're thinking about (w/ MS).

Hutton was bought by Shearson/Lehman (then owned by American Express) in the mid 80's; became Shearson Lehman Hutton for a while until Hutton name was dropped.  Shearson evolved into Smith Barney. 

[quote=dude]E.F. Hutton was absorbed by what is now Smith Barney.[/quote]

Correctimundo  

[quote=Duke#1]

Csmelnix, that's Dean Witter you're thinking about (w/ MS).

Hutton was bought by Shearson/Lehman (then owned by American Express) in the mid 80's; became Shearson Lehman Hutton for a while until Hutton name was dropped.  Shearson evolved into Smith Barney. 

[/quote]

Generally that is correct.

However, I think AmEx sold Smith Barney to Primerica(the old American Can) and then later on spun off Lehman.

OK..here it is...

In 1975, the firm acquired Abraham & Co.. In 1977, Lehman Brothers and Kuhn, Loeb & Co. merged to form Lehman Brothers Kuhn Loeb & Co. In 1984, Lehman Brothers Kuhn Loeb & Co. acquired American Express and becameShearson Lehman/American Express. In 1988, Shearson Lehman and E.F. Hutton & Co. merged as Shearson Lehman Hutton Inc. In 1993, American Express sold Shearson Lehman Brothers Inc. to the Travelers Group which divested Lehman Brothers and the firm once again became an independent company. In 1994, the company offered public stock; Lehman Brothers Holding Inc. common stock commenced trading on New York & Pacific

Citigroup later aquired Travelers and Lehman bros was spun-off prior.  So, there you have it...

Thx on the corrections....I love this board; these things just keep going and going!!!!!!!

[quote=zacko]

OK..here it is...

In 1975, the firm acquired Abraham & Co.. In 1977, Lehman Brothers and Kuhn, Loeb & Co. merged to form Lehman Brothers Kuhn Loeb & Co. In 1984, Lehman Brothers Kuhn Loeb & Co. acquired American Express and becameShearson Lehman/American Express. In 1988, Shearson Lehman and E.F. Hutton & Co. merged as Shearson Lehman Hutton Inc. In 1993, American Express sold Shearson Lehman Brothers Inc. to the Travelers Group which divested Lehman Brothers and the firm once again became an independent company. In 1994, the company offered public stock; Lehman Brothers Holding Inc. common stock commenced trading on New York & Pacific

Citigroup later aquired Travelers and Lehman bros was spun-off prior.  So, there you have it...

[/quote]

"...And Ozias begat Joatham; and Joatham begat Achaz; and Achaz begat Ezekias; 1:10 And Ezekias begat Manasses; and Manasses begat Amon; and Amon begat Josias..."

[quote=mikebutler222][quote=zacko]

OK..here it is...

In 1975, the firm acquired Abraham & Co.. In 1977, Lehman Brothers and Kuhn, Loeb & Co. merged to form Lehman Brothers Kuhn Loeb & Co. In 1984, Lehman Brothers Kuhn Loeb & Co. acquired American Express and becameShearson Lehman/American Express. In 1988, Shearson Lehman and E.F. Hutton & Co. merged as Shearson Lehman Hutton Inc. In 1993, American Express sold Shearson Lehman Brothers Inc. to the Travelers Group which divested Lehman Brothers and the firm once again became an independent company. In 1994, the company offered public stock; Lehman Brothers Holding Inc. common stock commenced trading on New York & Pacific

Citigroup later aquired Travelers and Lehman bros was spun-off prior.  So, there you have it...

[/quote]

"...And Ozias begat Joatham; and Joatham begat Achaz; and Achaz begat Ezekias; 1:10 And Ezekias begat Manasses; and Manasses begat Amon; and Amon begat Josias..."

.....and John Bachmann begat Doug Hill; and Doug Hill begat Jim Weddle.

Sorry, I just couldn't resist turning this into an Edward Jones thread!

.....and John Bachmann begat Doug Hill; and Doug Hill begat Jim Weddle.

Sorry, I just couldn't resist turning this into an Edward Jones thread!

Sooth,

You rock.

[quote=zacko]

OK..here it is...

In 1975, the firm acquired Abraham & Co.. In 1977, Lehman Brothers and Kuhn, Loeb & Co. merged to form Lehman Brothers Kuhn Loeb & Co. In 1984, Lehman Brothers Kuhn Loeb & Co. acquired American Express and becameShearson Lehman/American Express. In 1988, Shearson Lehman and E.F. Hutton & Co. merged as Shearson Lehman Hutton Inc. In 1993, American Express sold Shearson Lehman Brothers Inc. to the Travelers Group which divested Lehman Brothers and the firm once again became an independent company. In 1994, the company offered public stock; Lehman Brothers Holding Inc. common stock commenced trading on New York & Pacific

Citigroup later aquired Travelers and Lehman bros was spun-off prior.  So, there you have it...

[/quote]

Not bad Zacko.  While you're at it, work in the background on where Smith Barney and Salomon Brothers fit into the story line!

By the way, I had dinner at Westport Plaza this week, and you crossed my mind.....;-)

[quote=zacko]

OK..here it is...

In 1975, the firm acquired Abraham & Co.. In 1977, Lehman Brothers and Kuhn, Loeb & Co. merged to form Lehman Brothers Kuhn Loeb & Co. In 1984, Lehman Brothers Kuhn Loeb & Co. acquired American Express and becameShearson Lehman/American Express. In 1988, Shearson Lehman and E.F. Hutton & Co. merged as Shearson Lehman Hutton Inc. In 1993, American Express sold Shearson Lehman Brothers Inc. to the Travelers Group which divested Lehman Brothers and the firm once again became an independent company. In 1994, the company offered public stock; Lehman Brothers Holding Inc. common stock commenced trading on New York & Pacific

Citigroup later aquired Travelers and Lehman bros was spun-off prior.  So, there you have it...

[/quote]

Not to nitpick, Zacko, but Lehman didn't acquire AXP.  AXP bought Shearson Loeb Rhodes in 1981, then bought Lehman in 1984 (when it also bought IDS).  

[quote=Duke#1][quote=zacko]

OK..here it is...

In 1975, the firm acquired Abraham & Co.. In 1977, Lehman Brothers and Kuhn, Loeb & Co. merged to form Lehman Brothers Kuhn Loeb & Co. In 1984, Lehman Brothers Kuhn Loeb & Co. acquired American Express and becameShearson Lehman/American Express. In 1988, Shearson Lehman and E.F. Hutton & Co. merged as Shearson Lehman Hutton Inc. In 1993, American Express sold Shearson Lehman Brothers Inc. to the Travelers Group which divested Lehman Brothers and the firm once again became an independent company. In 1994, the company offered public stock; Lehman Brothers Holding Inc. common stock commenced trading on New York & Pacific

Citigroup later aquired Travelers and Lehman bros was spun-off prior.  So, there you have it...

[/quote]

Not to nitpick, Zacko, but Lehman didn't acquire AXP.  AXP bought Shearson Loeb Rhodes in 1981, then bought Lehman in 1984 (when it also bought IDS).  

[/quote]

Yup, I got to Lehman just after the merger. When Hutton was acquired, the "crown jewel" of Hutton was the asset management business, headed by Len Rheinhart (who later started Lockwood).

If you ever run into an ex-Hutton broker, ask them if (hypothetically) Hutton were to be resurrected, would they be willing to leave their current firm to rejoin them? I can nearly guarantee most would say yes in a heartbeat. Where many brokerage firms throw the term "entrepreneurial" around when describing how they run their business, Hutton really walked the talk.