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Another Nasdaq Vet Takes a Final Bow

Traders Magazine, April 2001

Peter Chapman

The Nasdaq world lost a veteran mar ket maker in March when Phil Benizzi retired from Credit Suisse First Boston.

Over a 40-year period, Benizzi sat on four desks, witnessed the creation of Nasdaq, survived the crash of 1987, saw spreads whittled to almost nothing and tasted the early days of decimalization. The 57-year-old Long Islander says he wants to be remembered as a trader willing to take on responsibilities beyond making his markets.

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