21.   Bloated brokerages are trying to slim down for the intense competition when Japan lets banks and insurers compete in the brokerage business over the next few years.

22.   A big part of the brokerage business involves acting as an intermediary between corporations and property and casualty insurance companies.

23.   A decade ago, Simmons took the top job at Prudential Securities when it was embroiled in the biggest fraud scandal ever to hit the brokerage business.

24.   A look at how it went the first day, why the brokerage business looks so good here now and what forces are driving the still-small market.

25.   AIG said last month it is restructuring its domestic general brokerage business, which Jeffrey Greenberg used to run, to streamline the way it deals with corporate customers.

26.   AIG said last month it is restructuring its domestic general brokerage business, which Greenberg used to run, to streamline the way it deals with corporate customers.

27.   Both Merrill and Morgan Stanley have blue-chip investment banking operations along with their brokerage business.

28.   Brokers, for example, are expected to offer accounts that compete with banks, and banks are expected to enter the brokerage business.

29.   But as a recent case illustrates, soft dollars can lead to abuse in the brokerage business.

30.   But many people familiar with the brokerage business contend that because the Internet provides instantaneous and anonymous global access, it constitutes a far more powerful vehicle for disclosure.