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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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Govt pays $1.7bn to Sth Canterbury Finance
The Government this morning paid out $1.7 billion to cover investor losses - about $150 million more than it was required to - as New Zealand's largest locally owned finance company South Canterbury Finance was placed in receivership.In...
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