"Zinifex is the mechanism by which 39 banks get to recover part of their losses from Pasminco's $3 billion collapse in 2001."
And PAS shareholders have no chance of recovery. Gee the power of 39 banks combined.
From link:
http://www.theage.com.au/articles/2004/02/29/1077989434157.html
PAS
pasminco limited
banks vs shareholders
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