SINGAPORE (Mar 18): During a recent trip to Kuala Lumpur, I ran into an old friend whom I knew from my days in the brokerage business back in the 1990s. To my surprise, he told me that he still worked in the industry and appeared to be making a good living at it. After two financial crises and a collapse in brokerage commissions, just about everyone I know from this business has moved on. Many found new careers in banking or fund management, some found themselves doing consulting or corporate work and a few drifted into a life of semi-retirement.

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