Posted By Charles Sedar on 3/17/2010 at 12:31 PM

CMX, the former Schoor DePalma, Inc., is closing its doors on May 11. I was just handed the article today but it ran last Saturday.
They have/had about 500 employees as of last November. They hav some 13 offices in NY, NJ, Penn, Maryland & Florida.
Evidently no firm wanted to but them out and they are evidently defaulting on a $151 million loan.
Yikes!

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