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Another Sad Chapter For Centrum Auctioneer

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When’s the fallout from this lousy economy going to end? Consider the case of Sheldon Good & Co., a Chicago-based real estate auctioneer. Two years ago, Good & Co. was generating local headlines for auctioning off 16 pricey condominiums in Oak Lawn’s Centrum Tower building. Now Good & Co.’s filed for Chapter 11 bankruptcy protection, citing “improper actions” by Steven Good, its former chairman and CEO. In January, Good killed himself in a Chicago wildlife preserve.

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