makattack
It was Andrew Scott that preferred at the time to stay on short-term variable rates because he thought rates were headed down, or that better deal could be done at some later date. He was WRONG!
It was his misjudgement and hubris that has caused this mess.
In 2007 the banks would have done anything to please their most prized of customers.
This was the situation with Centro before the credit crunch hit!!
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