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Low-priced stock replaces ‘worthless’ software in gov’t loan that hasn’t brought jobs

The biggest local government in Delaware is trying to figure out how it will get back $3 million that it lent four years ago to a start-up securities market that has so far failed to produce promised jobs.

Sign for the Delaware Board of Trade office at the TD (former Hercules) building, Wilmington, Delaware. The county lent founders $3 million, but promised trader jobs have failed to materialize
Sign for the Delaware Board of Trade office at the TD (former Hercules) building, Wilmington, Delaware. The county lent founders $3 million, but promised trader jobs have failed to materializeRead moreJoseph N. DiStefano
    by Joseph N. DiStefano
    Updated 
    Published