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Among black-owned investment banks, Daniels & Bell watched its revenues dwindle, leaving the firm unable to make payments to lease the New York Stock Exchange seat that its founder, the late Travers J.
The price at which a buyer is willing to pay for an exchange seat lately has been $1 million.
First quarter 2006 net income and diluted earnings per share adjusted for the after-tax gain on the New York Stock Exchange seat conversion was $7.
The flyer didn't make a big issue out of it and instead, he said he's willing to exchange seats.
The driver then stopped the car and tried to exchange seats with a female passenger.