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There is no way that noteholders can stick it to the banks.Sad fact is they are first in line as they have endless supplies of cash to fight this and they will get their cash once the administrators have completely wiped out as much as possible in fees.This is the sad fact of situations like these.The banks are owed sooo much through their exposure to BNB and all they care about is getting as much back as they can
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babcock & brown limited
what is next?, page-3
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Frazer Bourchier, Director, President and CEO
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