iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,435 Blog Posts

Chillin’ in the Bathroom

When I was starting out in the brokerage business, I bounced around from firm to firm in search of riches. This one place I was at was especially seedy. One day, a new broker was seated next to me. I was just a punk kid, with zero prospects, but lots of fire in my heart. Anyway, he was an older Russian dude with a thick accent, sort of weird looking. He sat down and introduced himself and made all sorts of proclamations about his business. He said he had 500 clients and did 150k gross per month. Hell, I didn’t know what the fuck he was talking about, so I just ignored him and continued “dialing for dollars.”

He plopped a comically large stack of leads on his desk, declaring “these are my clients.” Shit, from my vantage point, they just looked like leads. Right away I though “this fucker is a lunatic.”

He stepped away for a second, apparently off to take a leak at the firms bullshit bathroom. Fifteen minutes later the office manager came over to his desk, rummaging through and gathering personal belongings. Lo and behold, on the very same day this fucker was hired, he passed out on firms bullshit bathroom floor, heroin needle stuck in arm, straight up dope fiend style. Ha!

It gets better.

The brokers (sharks) who worked there saw this as an opportunity and took EVERYTHING from this guy’s desk, down to the last lead. It sort of looked like a pack of hyenas scrounging for wilder-beast leftovers. When the old Russian dude came back the next day for his stuff, all that was left were nice send off notes from the gentlemen in the boardroom.

For the day, I lost money. But now I’m off to celebrate anyway. I’ll make that shit back tomorrow.

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18 comments

  1. clegger_2000

    Was this the firm with “ghetto fabulous”?

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    • The Fly

      Nah, that was a different guy. Ghetto fab did 250k in gross commish per month. Hence he declared himself to be “ghetto fabolous.”

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  2. bloomberg

    I don’t know how you could have lost money for the day.

    The Fly does not lose. even when you do, you win.
    so go to the bathroom and pass out.

    cheers

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  3. Mohammar Kidaffyduck
    Mohammar Kidaffyduck

    Ah yes, I know this man. He was my secretary of the posterior for some time. Some guy named “Putin”.

    -Moh

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  4. Mr. Cain Thaler

    (laughter) ri-donk-ulous.

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  5. drummerboy

    damn

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  6. A Monkey Smokin' in the Boys Room
    A Monkey Smokin' in the Boys Room

    Don’t tell me…. you used to work for Dewey Skrewm & Howe, right?

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  7. Bullish

    Ha! Good story. Why would someone be sitting in the bullpen if he did 150k a month?

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  8. Belly of the Beast
    Belly of the Beast

    Nice volume sucking up the new shares of AGNC and CIM, 10x and 2.5x

    Still would want to be out before June, and my CIM is coming down from its high on a 3 cent miss.

    This ain’t Russian, but close enough, right ?

    http://www.youtube.com/watch?v=1HPTBzp75nQ

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  9. Monkee Stealing Someon's Schtick
    Monkee Stealing Someon's Schtick

    Reprehensible Video ! …………………… Any good Polish jokes ?

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  10. Moolahheaven

    Fly rules everything around me, C.R.E.A.M. Get the money, dolla dolla bill ya’ll…

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  11. JTU

    MOTR up 12.59 % today!
    And up 6% in after hours trading with pretty good volume!

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  12. omen

    The more I read “Trading in the Zone” the more I can see how and why The Fly is such a successful trader. Thanks for putting this site together, and letting us see the master in action!

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  13. Bill Johnson

    So how were the “leads” he left on your desk?

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