Bull Bear Report Jan 27 2010

TD Ameritrade's Moglia Eyes College Football Coaching

By laura lorber

It isn't your typical retirement gameplan.

TD Ameritrade Chairman Joseph Moglia has been applying to college football coaching jobs. He reportedly won't consider assistant coach jobs. His aim is to become an NCAA Division I head football coach for the 2010 season.

The plan isn't exactly a Hail Mary pass. Moglia had been defensive coordinator for Dartmouth College's football team before swapping football for Wall Street to be closer to his children and earn more money after a divorce. He headed to Merrill Lynch in the 1980s where he eventually became an executive in the private client division.

To update his resume, Moglia, now 60, recently volunteered with the University of Nebraska football team for an eight-month unpaid "shadowing internship." He spent 70 hours a week with the Huskers and served as a "life-skills consultant" to university teams. So far he has interviewed, without success, with the University of Massachusetts and has done informational interviews with Duke, Northwestern, East Carolina and Colgate.

Moglia, who stepped down as TD Ameritrade's chief executive in 2008, is the author of "Coach Yourself to Success: Winning the Investment Game" and "The Perimeter Attack Offense Key to Winning Football."

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