you know on another link someone wanted to write a book about him......and recently he has been the main character in a movie about wall st ....the movie was written by one of his former traders from colarodo..........i know thats true.......but he never liked interviews......private guy....m
tell you what.......meet me at walts new hedge fund......in ny in ....probably......late 07......i will be the big bald guy trading steel..........ok.........i bet you cant wait.....m
i dont even think it had a name........but it was a real project at one time .....it had all his one liners in it .....dont you remember them....they were the best..............even now no one has accomplished what he did ....so young ....so fast .............i have been looking and looking for a guy like him since he left ny........and i simply have not found him..........i thought it would be easy when i left worldco but it has not...........as the saying goes the one and only.....m
when walter left it was like elvis left the building or the end of a great james bond movie.............and you all know that to be the truth.......................m
m.....e....g said that Walter's numbers are <b>better than Schonfeld's. </b> So my reply was: "Walter's net worth is more than $500 mil? In that case he really should use some of that to pay back his victims." Maybe the comparison to Refco doesn't fit, but I do know that Schonfeld was bleeding badly in 2002/ 2003- and unlike Walter, he paid every penny due his traders. In fact, Schonfeld paid even <b>more</b> than he had to. In December 2000, Schonfeld's top traders were given the opportunity to buy a stake in the firm- right before daytrading turned sour. Instead of us taking losses as the firm burnt through cash, Schonfeld refunded all our investments in full.
to metal rand metal..........their are a lot of numbers........not only the ones you mentioned .......worldco always made money trading always every single day.........it did not have down days .....it was the costs that got it in to problems.......m
Like him or hate him...I never really got to know him. I ended up working for WorldCo, though on the agency desk. But I'll never forget the interview I got when I did go in looking at being a prop trader. Some stuffy kid was interviewing me, looked like an extra from the "Less Than Zero" cast. Walter walked by, the kid asks if he wants to come in. Walter sits down, lights a cigarette, offers me one, (normally I would be surprised, but his character almost made it ok for me to accept one...almost), then asks, "How do you make a good burger?" I'm like, "Excuse me?" and I look at the kid. Kid offers no help. Walter says, "A good burger. Tell me how you would go about making one." I lean forward, realize what I'm in for, put my hands on the table, & dive into starting out with the leanest ground beed, but before doing anything, finely dicing a clove of garlic. I go through the motions, then the prep & grill. Walter sits back, smile ear-to-ear, and looks at the guy interviewing me & says, "Gar-lic...I like it." The kid throws in, "I would've gone with onions, myself." He looks at me with that squint & says, "I like it...Garlic." As I said, I never took the offer. Found the one on the agency desk to be more attractive, more secure...guess I was wrong there, too. But, after 3 plus years, while I rarely saw Walter...I never saw that kid again.