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The origins of the CUSIP system go back to 1964, when the financial markets were dealing with what was known as the securities settlement paper crunch on Wall Street. [5] [6] [7] At that time, increased trading volumes of equity securities, which were settled by the exchange of paper stock certificates, caused a backlog in clearing and settlement activities.
Because there is no central database of cell phone numbers, reverse phone directories that claim to be free cannot return accurate information on those numbers, or tend to include only partial data related to the phone number subscriber. [6]
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Algard was searching for a friend's contact information, and the phone company gave him the wrong number. [4] He thought of an online email directory as an easier way to find people. [ 5 ] [ 6 ] Algard bought the Whitepages.com domain for $900, [ 7 ] [ 8 ] which he says was all of his savings at the time. [ 5 ]
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