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TakING two: How's Plan B stack up?

Friday 6th of March 2009
OK it’s time to give a view on the latest proposal from ING for investors in its distressed CDO funds DYF and RIF. A funny thing happened on the morning of the announcement. No one knew anything was going to be announced last Wednesday, including I hear people within ING itself. I was having a yarn that morning with one of its competitors about the problems ING faced (as you do) and how it w...
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