PhillyKev 0 #1 December 17, 2003 Our firm does everything on the up and up all the time...to a fault. No minor sign of impropriety is allowed. No one here can even buy individual stocks, we're pretty much limited to VanGuard funds (not that that's necessarily a bad thing). So a brokerage firm sends us a Christmas present. 3 cases of all different wines. Randomly grabbed a couple and priced them on the internet. They both go for about $300 a piece. We had to send them back Quote Share this post Link to post Share on other sites
freeflir29 0 #2 December 17, 2003 QuoteWe had to send them back That sucks!!!!! Quote Share this post Link to post Share on other sites
Chute 0 #3 December 17, 2003 if it was a present then why did you have to send them back? was it an outside company to you? Or your firm to you? Bottomless Beers and Blue Skies! * Brother_Brian * D.S.W.F.S.B. #2 Quote Share this post Link to post Share on other sites
PhillyKev 0 #4 December 17, 2003 Quoteif it was a present then why did you have to send them back? was it an outside company to you? Or your firm to you? It was a brokerage firm that we use to trade stocks for our clients to our firm. We use several different brokers, depending no who can give us the best strike price on a trade at the time (in order to make more money for our clients). I guess it could be looked at that a gift is for giving them trades when they weren't the best price. But who's going to assign a few hundred thousand shares (a week) to a broker just for a few grand in wine??? Quote Share this post Link to post Share on other sites