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Traders Magazine, December 1998

John A. Bryne

After more than 44 years on Wall Street, Irwin "Flash" Levenstein announced his retirement from Merrill Lynch & Co. Levenstein, whose retirement will be effective February 1, is the director of the firm's international broker-dealer trading desk in New York. Levenstein joined Merrill Lynch in 1995 with the firm's acquisition of New York's Smith NewCourt. He had begun his career in 1954 at Smith NewCourt predecessor Carl Marks & Co., working as a messenger part-time while still in high school.

Leonard Drachtman joined the New York office of A.G. Edwards & Sons as a senior sales trader. Drachtman was previously a senior sales trader at Baltimore-based BT Alex. Brown & Sons. He will report to Tom Giandereggio, vice president and manager of sales trading at A.G. Edwards.

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