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Wade Cook Shuts Down

By Motley Fool Staff
May 2, 2003

Ding dong, the witch is dead! Please forgive us Foolish munchkins as we do a jig around the house that just fell on Wade Cook Financial.

It closed for business on February 21 when the purveyor of get-rich-quick investment and real estate techniques canceled all seminars and laid off 22 workers after admitting it simply had no money or staff to run them. Earlier this week, its headquarters was auctioned off and the company faces bankruptcy liquidation...

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