David Sidwell Quotes (2 Quotes)

In fixed-income sales and trading, we did not repeat third quarter's record but 1.6 billion in revenues. But it was a record fourth-quarter total, about 70 above our average fourth-quarter results over the past two years.

This business had its fair share of challenges in 2005 including significant expenses from legal and regulatory matters and higher than average (financial adviser) turnover. The very competitive market for brokers and the focus on our talent has been our biggest challenge this year.