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Old 12-18-2020, 11:48 AM   #24
troutman
Unfrozen Caveman Lawyer
 
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Join Date: Oct 2002
Location: Crowsnest Pass
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Originally Posted by 8sPOT View Post
I dont know if this is bad to say but whatever its been a long time now. I worked in the back office of one of the big 5 banks like 15 years ago. The owner/creator of Arpi's (the furnace company) was a client, I would routinely re-invest his GIC's as they matured. It seemed never ending, on Monday a GIC would mature with $60k in interest, then on Wednesday another would mature with $75k in interest. Dozens of GIC's. His interest on a single one of these GIC's dwarfed my annual income. Plus, I would get calls to transfer $50k or $70k to a bank account as the client was in Vegas for the weekend. Always fascinated me.
I don't think this something you should be disclosing.
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