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Thread: Caveat Emptor - looks like Zoom is toast
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Old Aug 28, 2008 | 1:43 pm
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So credit card companies pick up the tab for refunds? Where do they collect from? Obviously they become unsecured creditors, but what's to collect from? As tcook noted elsewhere, ZOOM didn't sell through TAs so I would assume that "insurance" fund operated in some provinces won't have to ante up.
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