Posted AT 6:21 PM EDT on 26/03/08
ABCP panel focusing on retail investors: Crawford
TORONTO — The large investors trying to finalize a fix for the locked-up $33-billion market in asset-backed commercial paper are focused on assuaging angry retail investors who threaten to derail the plan, the head of the restructuring committee said Wednesday.
“The big issue is retail investors,” committee chairman Purdy Crawford said at a Canadian Club luncheon in Toronto.
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