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1600 investors in Diamond Mortgage Company and A.J. Obie, two firms with the same managers, lost approximately $50 million in what the Michigan Court of Appeals described as "the largest reported 'Ponzi' scheme in the history of the state". It led to the passage in 1987 of the Mortgage Brokers, Lenders, and Servicers Act.
In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more than t boxes need to be bought ...
The timetable for the October 2022 leadership election was much shorter than the July one. An expedited process was set out; candidates were required to obtain 100 nominations from fellow Conservative MPs before 2 pm on 24 October, and an MPs' ballot followed by a online members' ballot was to be held shortly thereafter if more than one candidate received more than 100 nominations.
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Main Interstate routes include I-17, and I-19 traveling north–south, I-8, I-10, and I-40, traveling east–west, and a short stretch of I-15 traveling northeast–southwest through the extreme northwestern corner of the state.
Coupon. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product . Customarily, coupons are issued by manufacturers of consumer packaged goods [ 1] or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail ...
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