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Jason Zweig: When You Lose 99.9%, You’ve Lost More Than Money
FYI: On Sept. 1, Barry Popik received a check for $35.98. That legal settlement is all that’s left of the $25,000 he invested in Lehman Brothers preferred stock in February 2008. But money is not all that Mr. Popik, and countless other investors like him, lost. Their faith in the fairness of financial markets is also broken. Regards, Ted https://www.wsj.com/articles/when-you-lose-99-9-youve-lost-more-than-money-1536333684?mod=hp_lead_pos5
