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Finance company sector woes impact Geneva's S&P rating
Tuesday 11th of September 2007
"These rating actions reflect increasing pressure on Geneva's liquidity and funding position on the back of current disruptions caused by the failure of some New Zealand finance companies," Standard & Poor's credit analyst Derryl D'silva said."We believe that there is a possibility that current financial market disruptions may lead to Geneva being unable to manage liquidity and funding pressu...
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