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Politics : Ask Michael Burke
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To: Les H who wrote (79409)4/12/2000 8:56:00 PM
From: Tommaso  Read Replies (2) of 132070
 
The brokerage can get a civil judgment against him, but in some states all that means is that his credit rating will be extremely bad. The brokerage will probably have to eat his loss unless he chooses to sell his car or whatever and pay them off. They were fools to let him get that close to the line, if what he says is true.
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