partner in truoble..am I ?

10 replies [Last post]
waterboy's picture
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Joined: 2005-12-27

Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.

doberman's picture
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Joined: 2005-02-22

I think you'll be investigated and questioned as your practices, as well as, what you knew about your partner and when you knew it.
I know from experience, a partner can scr*w you; even one you've been friends with since junior high school. However, in my case, I was able to turn the tables. It took a while, but I did it. Now, my ex-partner has tax liens, banks chasing him down, and has lost 80% of his staff.
Yes, there is justice in the world.

troll's picture
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Joined: 2004-11-29

waterboy wrote:Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.
THis is perfect. He gets fired and the split goes to 100/0 in your favor.

ExPropTrader's picture
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Joined: 2006-11-19

Bobby Hull wrote:
waterboy wrote:Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.
THis is perfect. He gets fired and the split goes to 100/0 in your favor.

Way to point out the bright side Bobby.
I may disagree with ya but no doubt you're good for a laugh.

troll's picture
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Joined: 2004-11-29

ExPropTrader wrote:Bobby Hull wrote:
waterboy wrote:Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.
THis is perfect. He gets fired and the split goes to 100/0 in your favor.

Way to point out the bright side Bobby.
I may disagree with ya but no doubt you're good for a laugh.

If you really want a good laugh, you ought to see the stuff that I DON'T post!

blarmston's picture
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Joined: 2005-02-26

In my opinion, your partner should come to the realization that his summer will be full of lazy days at the beach. As for you, start looking for a new partner....

ezmoney's picture
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Joined: 2004-11-30

Is there any way what so ever outside of leaving the industry, of getting out of paying a promissary note?? Has it been done, and if so what was the argument?

manuelrodriguez's picture
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Joined: 2007-05-28

waterboy wrote:Here is the situation. I have a partner ,we split commission 50/50.We also share a sales asst. My partner is being accused of having his sales asst sign for HIM on a brokerage application. I understand this is reason for termination but my question is....If he is found guilty do you think I am facing termination as well.?..Let me preface by saying I had no idea this happened.Oh boy,almost a happy ending, almost!

Philo Kvetch's picture
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Joined: 2005-05-17

You seem preoccupied with troubled teenaged girls.

Why is that?

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