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  • andevenabs andevenabs Nov 12, 2008 5:37 PM Flag

    Lat night's news

    I don't understand the confusion. If I'm not mistaken, they essentially paid a consignor fee for the right to auction in the 4th Q. This "fee" is essentially a reserve they pay to the seller prior to the auction. now that they know with some probability that they will be stuck those charges, they're anticipating them and recognizing them now.

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