Traders Magazine, June 2000
Most traders at Nashville's J.C. Bradford & Co. are jobless following PaineWebber's takeover of the retail brokerage, according to desk head Larry Elmore. Only three of 31 Nasdaq and listed traders took posts with PaineWebber. The rest have either departed or will leave after a summer-long transition period. The traders are part of a group of 550 J.C. Bradford employees, representing 55 percent of the workforce, that received pink slips in the wake of the $620 million deal.
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