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To: wideminded

In New York City, many ethnic Chinese are involved in cooperative financial arrangements, where people will pool money to buy each member of the group a house or an apartment in turn. Typically, the buyer shows up at the closing with an ordinary shopping bag, containing a shoebox full of cash.

It is all completely above-board, laudable even, but it gives law enforcement types fits.


16 posted on 08/14/2007 5:01:38 AM PDT by gridlock (I have taken a sacred vow to always maintain a smaller carbon footprint than Al Gore)
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To: gridlock

Indians (from India) do the same thing with automobiles.


20 posted on 08/14/2007 5:19:02 AM PDT by SJSAMPLE
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