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Old 07-09-2007, 12:49 PM
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Default Mastro Auctions Being Investigated by the FBI

Posted By: P Spaeth

Peter C., you misconstrue the issue. I could place a top all and win the auction, yet pay more than I "should" have because the underbidder was not legitimate. So I don't understand the relevance of what you are saying. In the above example it is irrelevant thatI placed my bid voluntarily or was prepared to go higher.

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