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Commentary

EDITOR'S LETTER
Tom Steinert-Threlkeld

Trading Through

The mispriced transactions totaled 442,600, from October 2008 through the start of this year. The amount owed customers for the mistakes was $420,360. Less than a buck a trade. On a 200-share trade, that equals less than 3 cents each.

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Photo Gallery January 1, 2006

LABRANCHE-ST JUDE SILENT AUCTION AND DINNER

LABRANCHE-ST JUDE CHILDRENS RESEARCH HOSPITAL

<p>Roger Peterkin, thinkorswim, Boston; Lisa Utasi, ClearBridge Advisors;</p><p>Bill Flanagan, NYSE Group, both New York.</p> <p>Michelle Cary, St Jude, Virginia Marshalek, LaBranche, both New York.</p> <p>Mary McDermott- Holland, Franklin Portfolio Associates, Boston;</p><p>Rick Freemont, LaBranche; Debbie Rapp, Guest, both New York.</p> <p>John Rendinaro, US Trust; Lynn Butterworth, Ryan Beck, Florham Park;</p><p>Jim Muller ITG, all New York.</p>
<p>Greg Cavallo, LaBranche, New York; Paula Peter, Mellon, Pittsburgh;</p><p>Tom Patterson, LaBranche, New York; Bob Mahoney, thinkorswim, Boston.</p> <p>Gregory Cavallo Sr., Jean Cavallo, Jeannie Rowan, Greg Cavallo, LaBranche,</p><p>New York.</p> <p>John Rendinaro, US Trust, New York; Paula Peter, Mellon, Pittsburgh; Greg</p><p>Cavallo, LaBranche, New York; Mary McDermott-Holland, Franklin Portfolio</p><p>Associates, Boston; Lisa Utasi, ClearBridge Advisors, New York.</p> <p>Timmi Ayayo, Sue Deck, Karen Nitzsche, Michelle Cary, Megan Kelly,</p><p>all St Jude, New York.</p>

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