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Non-Tech : Shearson Financial Networks Inc.

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From: otherbrotherdaryl8/18/2007 10:30:31 AM
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SFNN question..............................................

If $18,000,000 was put on the books as loans to be forwarded or sold, and the average priced home in the US is $200,000, and the turn is every 20 days........... tell ya what........ let's be kind.........

They have a $30,000,000 box and (supposed) turn every 20 days....... that is $45,000,000 a month........... 45,000,000/200,000 = 225 loans a month. This is a very, very liberal estimate. Large automobile dealers turn more business than this and the floor box is their own.

SFNN = scam/bad joke/most poorly managed company on earth.
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