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08-31-2010
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,569
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Bernard Hickey: It was the right thing to do
Sometimes it pays to take some pain now rather than store up more pain later.The government's decision not to support a recapitalisation plan for South Canterbury Finance was the right one. Receivership was the cleanest, simplest...
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