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Charles Schwab Commercial (1986)

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Uploaded by on Jul 5, 2007

Commercial for Charles Schwab discount brokerage, featuring the man himself at the end - 1986

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  • i was a schwabette in 1986. they filmed it in training dept on 17th floor 101 montgomery st SF ("chuck" worked on 27th floor) . he had older lady phone operators, like henrietta, who professed her love for him in the new hire orientation video i set up on mondays. we were an odd bunch, but the next year a team bought back schwab from Bof A, went public, market crash, massive layoffs, got "corporate" with competitive middle managers ... big earthquake in 1989, call centers + office expansion...

  • @imjustpassinthru ... Okay, second question. You mention "sell off your stocks." Do you actually mean stocks that you own, or could you be talking about a short position? Brokerages, if I'm not mistaken, have a right to close out a short postion with or without your permission even if the underlying security is trading within margin maintenance limits.

  • @imjustpassinthru Everybody I tell this too assumes that it had to do with margin calls. IT HAD NOTHING TO DO WITH MARGIN CALLS!!!

  • @CountNomis ... Well now, any brokerage has the right to do that under certain circumstances. In fact, when you sign up for a margin account you give them that right in the event that your margin equity percentage falls below a certain limit. So let's establish first of all, since you seem to speaking from experience, were the stocks they liquidated in a cash account or a margin account?

  • Charles Schwab will sell off your stocks without your permission. Do not invest with them. You've been warned!

  • my buddie use to bone his daughter and fly around on private jets

  • jesus blessed him

    at least sombody made a billion

  • Why has no one else commented on the pocket protector

  • Oh shit this guy is a billionaire now.

  • Im charles Shawb donald trump has a better Toupee than me

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