Charles Schwab
Subtitle: How One Company Beat Wall Street and Reinvented the Brokerage Industry
Publisher: Wiley
Published: March 2, 2005
Language: eng
Number of pages: 324
ISBN-13: 9780471660583
First sentence: May Day-the day when fixed brokerage commissions were abolished-marked a crossroads for the U.S. securities industry and created the conditions for the birth of Charles Schwab &amp; Co. Most brokerage firms responded to deregulation by cutting their commissions rates for institutional investors and raising them for the average investor.