It has been almost three and a half years since Van der Moolen went down. The company filed for bankruptcy September 10th 2009. A pity. Public trading firms burning money like VDM are thin on the ground. Their quarterly reports were juicy material. Fast forward to 2013. The court decided what everybody has always known,Read more
Short commercial break from our bargain basement. As good as new, second hand domain name for sale. Curvalue.nl is put up for sale at eBay. Somehow a former IT manager at Van der Moolen managed to leave the sinking ship with a domain name in his pocket. And an ugly piece of piece of porcelain.Read more
Interesting story in Quote magazine this month on the dividend double dipping cowboy Frank Vogel. A macher with a lot of bravoure. Made a fortune for Fortis Global Securities Lending and Arbitrage (GSLA) at the turn of the century and pocketed millions of bonus as well. Was shown the door as the bank felt his kingdomRead more
For sale on eBay, an original Van der Moolen statue depicting the classic fight between bull and bear, with a very catchy slogan “the legend lives on“. Guess the old Van der Moolen himself could never have imagined to live on in secondhand markets. Anyway, it’s made in Holland so quality is guaranteed. It’s somethingRead more
Terrific, 250 pages of confidential insider material. Managers about eachother and looking as fierce post-war resistance fighters against Richard Den Drijver (page 122). The group of derivative traders are described as “ignorant and spoiled” by their former management Egbert Pronk and Frank van der Linden. The latter must have been a true visionary – asRead more
