Thread: Should a TPG run its own auctions?
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Old 05-10-2014, 01:37 PM
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drcy drcy is offline
David Ru.dd Cycl.eback
 
Join Date: Jul 2013
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MEARS said they added auctions because they simply didn't make enough money writing LOAs. They didn't make as much as anticipated from the LOA business.

That's just what they said, don't shoot the messenger.
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