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Old 02-08-2009, 07:40 AM
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Default Mastro: tick, tick, tick...boom!

Posted By: Fred C

The statement below could be construed in a couple of different ways:

"A lawyer contacted by an angry consignor, however, said company founder Bill Mastro told him the company had a cash-flow problem. Mastro sold the auction house in 2004 to SilkRoad Equity, a private investment firm."

It could mean that the auction house "cash-flow" problem can be stemming from the checks being written from the wrong account or that there is the traditional "cash-flow" problem. The reporter should be a lot more clear on this and not place quotes into an article that could be misconstrued, especially if it's a "hit piece" because the reporter is less objective because of a bias they may have.

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