The Million Dollar Typo

The Million Dollar Typo

The Million Dollar Typo By Michael R. King Gammage & Burnham Phoenix, AZ QUESTION:    HOW DID THE BANK LOSE OVER $1 MILLION WORTH OF COLLATERAL DUE TO A PETTY TYPOGRAPHICAL ERROR? ANSWER:  A BANKRUPTCY TRUSTEE ACTS AS A HYPOTHETICAL SECURED CREDITOR THAT CAN...

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