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To: Michael2001

O'Connor making this kind of profit doesn't pass the smell test. He was the both the seller's agent and the buyer. If as agent he sold a $489,000 painting to a third party for $3,200 not knowing what it was worth, I'd chalk it up as one of those things. If as a buyer not connected to the church auction he saw a steal, err bargain, and made a 15,000% return on his money, great for him. But he was both. An agent cannot screw his principal like that. If this church was a local government that sold something worth $489,000 for $3,200 to the government employee in charge of the sale there would be an indictment.


41 posted on 06/20/2004 6:41:52 AM PDT by Pilsner
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To: Pilsner

Agreed.


44 posted on 06/20/2004 7:16:41 AM PDT by NittanyLion
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