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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, 2007

th Annual Spring Outing

Kansas City Security Association

<p>President, Jeff Albright, Waddell & Reed, Shawnee Mission; Vice President, Sandy Chism, Kansas City Capital</p><p>Associates; Hamp Henning, Wachovia Securities; Secretary, Jenni Maurer, Kansas City Capital Associates,</p><p>all Kansas City.</p> <p>Business Meeting</p><p>Gregg Whittaker, Whittaker Group, Kansas City.</p> <p>Geffrey Gioia, FTN Midwest, Cleveland; Kathy Cheevers, Cheevers & Co,</p><p>Chicago; Joe Greco, Meridian Equity Partners, New York; Larry Cervetti,</p><p>FTN Midwest, Cleveland.</p>
<p>Kenny Gast, Bridge Trading, St. Louis; Jeff Albright, Waddell & Reed,</p><p>Shawnee Mission; Monica And Drew Goss, JonesTrading, Heathrow.</p> <p>Todd Kingsbury, RBC; Lisa Kelly, BTIG; David Seaburg, Cowen & Co.,</p><p>all New York; Dave Wainwright, Canaccord Adams, Boston.</p> <p>Richard Bewighouse, Mack Trading, New York; Kathy Cheevers, Cheevers &</p><p>Co.; Nancy Usiak, Cabrera Capital Markets, both Chicago; Lou Matrone,</p><p>Empire Financial, Dallas.</p> <p>Monty March, Weeden & Co., Greenwich;</p><p>Mike Davey, Wachovia, Baltimore.</p>
<p>Michael Healy, Credit Suiss; Shanti Vargas,</p><p>Lehman Brothers, both New York</p> <p>Kathy Walston, SunTrust Robinson Humphry,</p><p>Atlanta; Van Vandiver, guest.</p> <p>Don Motley, Negro Leagues Baseball Museum,</p><p>Lud Gaines.</p> <p>Jeff Albright, Waddell & Reed, Shawnee Mission; Matt Anderson, Lehman</p><p>Brothers; Robert Garafolo, Cantor Fitzgerald, both Chicago.</p>
<p>Jeff Gratton, Scot Baldwin, both BATS, Kansas City; Dave Wakefield,</p><p>National Stock Exchange, Jersey City.</p> <p>Mark Raggett, UMB, Kansas City; Jennifer Jeffries; Instinet, Chicago;</p><p>Daniel Zalcman, Canaccord Adams, Boston.</p> <p>Dan Petrie, AMEX, Kevin O’Connor, Michael Healy, both Credit Suisse,</p><p>all New York.</p> <p>Jimmy and Mimi Dagger, Stifel Nicolaus, Baltimore; Victor Pugliese,</p><p>First Albany, San Francisco; Pat Ryan, JP Morgan, New York; Lance Wood,</p><p>Leerink Swan, San Francisco.</p>
<p>Lee Glogaw, Waddell & Reed, Kansas City; Corine and Patrick Scanlan,</p><p>Bear Stearns, Chicago.</p> <p>Ninos Andrews, UBS, Chicago; Don Harman, Principal Global, Desmoine;</p><p>Matt Anderson, Lehman Brothers, Chicago.</p> <p>Michael and Sandy Chism, Kansas City Capital Assoc.; Kelli Springer, Kansas</p><p>City Capital Associates, all Kansas City; Richard Bewighouse, Mack Trading,</p><p>New York; Jenni Maurer, Kansas City Capital Associates, Kansas City; Mike</p><p>Schuler, Dougall & Associates, Chicago; Lou Matrone, Empire Financial, Dallas.</p> <p>Lisa Utasi, ClearBridge Advisors, New York; Barbara Dunlap, Nutmeg</p><p>Securities, Fairfield; Lou Matrone, Empire Financial, Dallas.</p>
<p>Pam Davidson; Sara Davidson Schibig, Scott Schibig, The Davidson Family,</p><p>Kansas City.</p> <p>Vito Tricarico, Stanford Group; Christine Scalley, Goldman Sachs;</p><p>Richard Parker, Stanford Group, all New York.</p> <p>Lisa Robinson, Michelle Noll, both A.G. Edwards,</p><p>Kansas City.</p> <p>Ken Conklin, BATS; Kelli Springer, Kansas City</p><p>Capital Associates, both Kansas City.</p>
<p>Lisa Utasi, ClearBridge Advisors, New York; Drew Goss, JonesTrading,</p><p>Heathrow; Nancy Usiak; Cabrera Capital Markets, Chicago.</p> <p>Geffrey Gioia, FTN Midwest; Joe Greco, Meridian Equity Partners, New York;</p><p>Larry Cervetti, FTN Midwest, Cleveland; Dan Lomeli, Meridian Equity Partners,</p><p>New York.</p> <p>John Denza, Randy Williams, Jeff Gratton, all BATS, Kansas City;</p><p>Kevin O’Connor, Credit Suisse, New York.</p>

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