WGI Group delays returning clients' money until 2007

The brokerage house, which is in the process of liquidation, will terminate the agreements with its clients and will return their investments. However, the clients of WGI DM will probably not see the money from their investments until mid-2007.  Although clients will receive their bonds of WGI Consulting, these bonds won't be able to be turned into cash anytime soon. "We want to protect our clients ... If we started paying back the money now, the clients would face losses of 30-40 percent," the president of WGI Consulting, Maciej Soporek said, adding that the payments could take place in May 2007. (WBJ)