Jan
7
Lee Stern: legendary trader, from Jeff Watson
January 7, 2024 |
December 27th was the 97th birthday for Lee Stern, the oldest and longest-standing member of the CBOT. Lee is a legendary trader and one of the most respected members of the exchange. He’s the guy that took the 9 million dollar hit when a fake trader scammed the bond pit. He’s also a spreader which explains his longevity in the business.
Here’s the story of the scammer which is a compelling read on it’s own.
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