After investing debacle with Al Parish, a few investors likely to get all their cash back
The legendary Al Parish "Economan" graphic.
Remember Charleston's legendary tale of Al Parish, the economic's professor who led an investment fund that actually turned out to be a $66 million investment scheme?
If you do then you'll also recall that when the bubble burst it was expected that most of the several hundred investors would only be able to recover pennies on their dollar.
Well, that has been true the majority of investors, but a few dozen of them have successfully caught Charles Schwab & Co. on the hook for actions they took that helped Parish dupe investors and they'll likely see all of their cash returned.
Read about what's up over at The Post and Courier.