How One Small Firm Survived
Traders Magazine, June, 2002 by Brian O'Connell
Quaker Securities and a group of stubborn soldiers commanded by the father of the United States have something in common.
Quakers founder Jeff King and George Washington both made their headquarters in the same place. Washington's raggedy band of rebels and King's group of merry traders called Valley Forge, Pennsylania their home.
Both endured hardships on the rolling green hills near the banks of the Delaware River. Washington nearly ran out of food, clothing, and hope in the frigid winter of 1776-1777. While facing nothing that severe, in 1999 Quaker Securities was evaluating whether to commit resources to a trading business that only seems to have room for firms with deep pockets, according to people familiar with the firm.
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