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Old 08-07-2009, 06:30 AM
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Peter Spaeth
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If Silk Road Equity's website is to be believed, it is a firm with substantial capital. One would think a sounder business strategy would have been to inject the cash necessary to pay off consignors (could it have been THAT much?), rather than to leave them unpaid, and generate a tremendous amount of bad will by insisting they aren't Legendary's problem.
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