Where did Asensio work before he went out on his own?
A. In 2002, he told a jury that he’s always been independent, except for a year at Bear Stearns in the mid-80s. He said the same in his book, alleging that the stuffy ole bluebloods of Wall Street wouldn’t hire him. But Equities says: between 1983 when he first became licensed as a broker and 1993 when he went out on his own, Asensio was licensed by 11 different brokerage firms including disgraced, mob-related First Hanover, shut down for fraudulent securities dealings. So was another Asensio employer Viceroy International. [Actually, according Florida’s Secretary of State, Asensio owned Viceroy.] NASD records list Gilford Securities, Capital Management, Ladenburg Thalman, Laidlaw Global, and Marquette De Bary as former employers. He must have worked at Steinberg & Lyman also, since a former client of the firm sued him. So was the total number of former employers 11 as Equities reported? Or just one as Asensio claims? Actually, a NASD Hearing Panel says it was fifteen (15). Asensio had
