at least they said might...

  1. 58 Posts.
    http://www.news.com.au/heraldsun/story/0,21985,24497860-664,00.html

    City Pacific scraps failed First Mortgage Fund

    "....It said spin-off CP1, which also owes the CBA about $100 million, might not be a going concern.

    CP1 missed a self-imposed deadline of Friday to report progress in talks with the CBA over the debt and remains suspended from the ASX.

    CBA spokesman Bryan Fitzgerald declined to comment."

 
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