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ING births plan nine months after freeze
Thursday 11th of December 2008
Key points
The company hastily organised a conference call with advisers yesterday to outline the bones of a plan for its Diversified Yield Fund (DYF) and Regular Inc...
- $100 mill loan equals around 15 cpu
- Two to six years to wind up DYF and RIF
- Fund values highly uncertain
- ING "strongly refutes" funds mis-sold
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