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Judge OK's Refco Deal With Wronged Saudi Trader

By Erik Larson (December 6, 2006, 12:00 AM EST) -- A customer of Refco Inc. who deposited money just as the firm went bankrupt will receive $2.3 million in a settlement—about 40% of his claim—after a bankruptcy judge approved the deal Tuesday, addressing the controversial question of when exactly a trade occurs....

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