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Goldman
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RWIowa
Posted 4/16/2010 18:20 (#1164551)
Subject: Goldman


I was trying to explain the situation to a friend and this is what I came up with.

I buy a car with no brakes or steering. I then go to my local mechanic - who depends greatly on the business I give him - and get him to certify the car is in excellent condition. I then sell the car to a third party. I then go to my insurance agent and take out a accident policy on the car and wait to collect.

Am I close to the general framework of what went on, or not.
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