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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Elroy who wrote (18555)	12/23/2016 11:15:53 PM
From: richardred	Read Replies (1) of 33421

>Sort of the same way it works with an individual equity when they are fraudulent, we individuals lose $10,000, then 7 years later we get a settlement check for $200! Good point and I can concur on that point- I lost a more than that on a corporate fraud. Only many many years later getting a small check for times ta-kingly digging up my brokerage purchase and sales receipts. I think I've thrown out about three other lawsuits past that. It's wasn't worth my time. Loss offset- schedule D -done. P.S. I'd really like to see what bad real estate loans are on a Big Chinese Banks balance sheets now a days.

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