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re: Whatever happened to Dean Witter?
Posted on 4/15/24 at 9:25 pm to Honkus
Posted on 4/15/24 at 9:25 pm to Honkus
quote:
Whatever happened to Dean Witter?
A company of zero ethics crooks - one of their brokers moved to EF Hutton and illegally transferred some family stock with them - then churned the account - I still have the letter from DW attorney saying the stock was moved to Hutton without authorization and we could continue to transact as if the account was still w/DW while they retrieved the account. That was a lie. They were complicit in stealing the account and ended up saying it wasn't their fault. Advice - if you own stock, get hard copies of the shares and keep them in a secure location - if you trade online and allow a broker to transact on your behalf, you don't really own anything - good luck.
3
Posted on 4/15/24 at 9:42 pm to roadkill
Whatever happened to Paine Webber?
Posted on 4/18/24 at 6:46 am to roadkill
quote:
Advice - if you own stock, get hard copies of the shares and keep them in a secure location - if you trade online and allow a broker to transact on your behalf, you don't really own anything - good luck.
Terrible advice.
Posted on 4/19/24 at 8:22 am to roadkill
quote:
Advice - if you own stock, get hard copies of the shares and keep them in a secure location
Trying to transfer actual stock certificates (left by a dead relative) was one of the biggest PITA I ever encountered. And this was in the 90s before the internet took over.
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