2006 is going to be a very transformative year on Wall Street. Any sense of complacency that may have existed is gone.

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The fact that we've seen the candidate posters going up and the early cabinet meeting tomorrow morning, you've got to feel that something special's in the air.

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So many things change for the NYSE when it goes public, and certainly one of those things is the relationship with the floor. And they're going to look at the floor as a profit center.

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