Just down the road from yourself. I work at Schonfeld in Chicago (Right next to the Merc.)
Thanx! Here's another message you can pass on: Vic Niederhoffer is a friend of mine, and he wasn't very pleased with how Dennis's boys are...
Great! Maybe he'd like to refund my $100k that he pissed away.
Yes, I'm sure he achieves fantastic returns on his $2,000 Ameritrade account.
~~~~Shit happens in our business ...~~~~ Maybe so, but I know that I won't be conducting any future business with any slow green reptiles in a...
In 1999 I invested a quarter mil in the the Dennis Fund. A year later, Richard Dennis went belly up, and I was down about 50% on my investment....
D***** made 50 mil in his best year (About 35 take home before taxes) , nobody in Schonfeld did 75 mil.
~~~~~When you say "golden handcuffs", do you mean that you and EQ had to sign a no-competition contract? Or that you won't get your bonus unless...
This is true, ANYBODY posting a 1/2 mil losing month, after struggling for the past year is going to be cut in shares.
~~~and why would anyone let this happen?~~~ ...Because the same guy was probably making heavy 7 figures in 2000.
NONE of Schonfeld's good traders, including EQ would quit before December, for golden handcuff reasons. Also, Although Schonfeld isn't perfect,...
So here goes: It was 50 out of about 90 traders who got laid off. As far as Cal & Houston that descision has not been made yet. Florida...
70% was on the table when we discussed it, but in the end slightly over 50% were axed. Gross positive? What's that? No, seriously I'd say about...
Hey, I know our firm has it's flaws. Still, it is the best framework I've ever been a part of, and I really don't make a good 'brick in the...
Did you just edit out your 'Vegas' post? I read it anyways... Last year they really let us 'Cowboys' trade away seven figure amounts, I'm...
~~~~~all the chumps that bought in lost about 70% of their investment ( the min. was 100k per)~~~~~ Schoney gave us the option of cashing out...
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