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Pros and cons of moratoria espoused to select committee

Friday 23rd of April 2010

PricewaterhouseCoopers' John Fisk, who is part of the accounting firm's recovery business, questioned the benefits of finance companies going into moratoria at a select committee inquiry into the sector. Fisk told Parliament's Commerce Committee that investors did not necessarily receive the best advice when voting on whether to send a finance company into moratorium, with forecast recoveries n...

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