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Nowak488

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Nowak488

Re: int10a post# 45064

Wednesday, 01/04/2017 3:26:52 PM

Wednesday, January 04, 2017 3:26:52 PM

Post# of 47873
The whole issue with the DM loans is that they came with shares attached. DM used insider information to trade those shares (which is illegal/violated our agreement with them). They also may have violated MA & NY usury laws because of that trading, too.

BAM's loan was just a loan with a high, but legal, interest rate attached to it. We have no recourse on that one.

That is why the EC thinks they can get ~$50M back. That is the amount attached to the potentially illegal loans.
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