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barclays sues bear stearns over sub prime, page-5

  1. 3,698 Posts.
    Interesting....
    Macbank owns 5% of CNP.I don't know what they bought in at but they would have probably lost about $250 m minimum.
    There is a lot of debate about CNP's lack of disclosure.
    This Bearstearns Barclay thing might set a precedent.
    Macbank could sue CNP...
    But it'd be a bit like kicking a dead man though
 
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