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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Huckleberries Online

The Falls: Justice In Sandifur Case Comes Cheap

We were wondering just how much justice Paul Sandifur's settlement will buy for the victims of Met Mortgage's collapse. Works out to about $4.74 per investor. Sandifur settled his case with the feds – which alleged he oversaw fraudulent deals that backfired on investors – for a total of $151,000. About half of that may go to investors. Around 16,000 investors lost about $470 million in the company's collapse, so Sandifur's getting an excellent deal. Round it off and call it .03 percent of a penny on the dollar. Maybe he's a better businessman than it appears. Not to mention the fact that he faces no criminal liability – unlike his right-hand man. Here are a few things Sandifur's $4.74 per investor will not buy.

*A Quarter-Pounder meal with fries and a drink.
*A five-pound chicken at a local grocery store.
*A quart of oil for your car's leaky old engine.
*Any time at all with a bankruptcy attorney.
*A life savings.

Question: What are some other things you can't buy for $4.74?

Cross-Posted from Shawn Vestal/The Falls



Huckleberries Online

D.F. Oliveria started Huckleberries Online on Feb. 16, 2004. Oliveria's Sunday print Huckleberries is a past winner of the national Herb Caen Memorial Column contest.