
News
Details of Bridgecorp gloom
Thursday 2nd of August 2007
One adviser, who has millions of dollars invested with Bridgecorp, says management sat down with him and other advisers in May and painted a picture which was very different to the one the receivers showed on Tuesday.In their report the receivers, John Waller and Colin McCloy from PricewaterhouseCoopers, said there were 69 loans with a total book value of $393 million.
They point out that...
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