June 11, 1991 |
Having options is important to most Californians. Selling options was important to the Beare brothers. Maybe that's why they were so successful here. Too bad we can't say the same for their unfortunate investors, who the government says lost $428 million in 65 months thanks to the Beares' amazing International Trading Group of San Mateo. That's $14 for every man, woman and child in California, where ITG had most of its offices. "More than 85% of ITG's customers have lost money," the U.S.