Jadel agree that bank is driving a cash at all costs programme.
My view though is that the more this is out in the open the more political it becomes therefore the more power who ever is looking after the 11,000 investors have to stand up to the bank and undertake more orderly workout.
Thats why I was trying to determine if and how big the haircut was in PIF for LLA.
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Jadel agree that bank is driving a cash at all costs...
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