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April 09, 1993 - Image 41

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-04-09

Disclaimer: Computer generated plain text may have errors. Read more about this.

There could be as much as $100,000
sitting around your house!

>MEDIATORS page 39

claims.
But Ms. Klausmeyer's
story is not too different
from others.
) "I was embarrassed,"
she said. "I thought it was
my own fault. But that
was wrong. I became a
/- victim of circumstance."
/victim
Ms. Klausmeyer recov-
ered the full amount of
) money from the broker,
whom she declined to
reveal as part of the set-
\Alement agreement, and
she continued asking her
neighbor many questions.
"I couldn't believe what
>
he had done for me," Ms.
Klausmeyer said. "I start-
ed talking about it, and
'clients came to him who
had spoken with me. I
learned that this happens
to a lot of people."
The field of financial
arbitration is wide open
and growing, Mr.
( Baldinger said. SAS and
his former company are
believed to be the only
national companies of
this kind.
"There's a huge mar-
ket," Mr. Baldinger said.
),"It is a growing area
' because investors are just
) now realizing that they
have the ability to pursue
their claims. Until a few
years ago, investors who
had suffered losses did
> not pursue them."

INVESTING FOR PRINCIPAL
PRESERVATION DOESN'T HAVE
TO MEAN SETTLING FOR
LOWER YIELDS

"No case is easy," he
said, adding that many
) are resolved without arbi-
tration but that losses
over $100,000 often go to
> a hearing, similar in
scope to a court trial.
,
Marc Baldinger had his
) eyes set on Wall Street.
First, he advised banks
and savings and loans
\ institutions how to offset
/T interest rates and risks.

Then came Wall Street.
For two years, he worked
as a broker for two large
brokerage houses. But he
was disillusioned.
"I didn't like the arena,"
he said. "People were dri-
ven by sales, rather than
by helping the client to
benefit from their ser-
vices. My background was
> in monitoring the perfor-
mance of the client and
making sure that the
client came first and fore-
most. But greed was
there, and it still is."
Mr. Baldinger, now 37,
answered an ad in a

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or about December 31, 2003, when the Trust terminates.
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r 4 t■ ;. 1 :7•

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Do you hate your
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h

,

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Tap that equity to finance your dream remodeling project,
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■ A low minimum initial investment of just $1,000

(100 shares at $10 per share).

To receive a free brochure and a preliminary prospectus
that contains complete information, including charges and
expenses, call the number below or send in the attached
coupon. Read the prospectus carefully before you invest.

Are they too tight in the
collar? too short in the sleeves?
too baggy in the body?

NEIL SILVER
313-746-4536

01 "M1714777111



DEAN WITTER

Custom-made dress shirts
and suits for about the same
price as ready-mades.

FINAL DAYS • /

NEIL SILVER

4000 Town Center Suite 1900
Southfield, MI 48075

YES! Please send me information on TCW/DW Term Trust
2003, including a free brochure and a preliminary prospectus con-
- taining complete information on charges and expenses. I will read the
prospectus carefidly before I invest..

ORDER BY
APRIL 30th

NAME.

ADDRESS

For a limited time buy 6, pay for 5,

CI-EY

BUSINESS Pi IONE(

Executive Custom
Shirtmakers & Tailors, Inc.

"Compare Us Tot
Your Broken.."

Rodger Riney, President

Scottsdale

Schwab
Quick & Reilly
Fidelity
Olde
Waterhouse
Merril Lynch

Coen

200 @ 500 @ 1000 @
$50
$25
$30
$44
$56
$76
110
118
166
84
90
128
109
118
165
60
100
125
53
70
138
201
265
483

Scottsdale Securities, Inc.

FOR A COMPLETE COMMISSION SCHEDULE CALL
313 - 356 - 1993 OR 1 - 800 - 333 - 1977
26261 Ev3rgreen, Suite 255 Southfield, MI 43075
MEMBER SIPC

ZIP

HOME Pi tom:

Dean Witter clients, please give your Account Executive's name and office:

25 years in downtown Birmingham

223 South Woodward Avenue • Birmingham, Michigan 48009
Just south of the Birmingham Theatre • (313) 642-0460

S IAIv

)

0 1993 Dean Witter Distributors Inc.

information contained herein is subject to completion or amendment. A registration statement relating to these
securities has been filed with the Securities and Erchange Commission. These securities may not he sold, nor may
offers to buy he accepted, prior to the time the registration statement becomes effective. This communication shall
not constitute an offer to sell or the solicitation of an offer to buy, nor shall there he any sale of these seatrities in
any state in "Which such offer, solicitation or sale would be unlaityid prior to registration or qualification under
the securities laws of any such state.

L

Greg

SHOE S

Open

Easter Sunday

1 2-5 for your shopping convenience

West Bloomfield store only •

851-5566 41

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