Posted on 01/04/08
Crawford feels investors' anger
MONTREAL AND TORONTO -- The small investors suddenly have the power in the asset-backed commercial paper market, and they're letting the big ones know it. Individual investors packed rooms in Montreal and Toronto yesterday to tell the committee of big holders that's pitching a restructuring plan for Canada's frozen $32-billion commercial paper market that there's a lot of work yet to be done before the plan will pass a vote that small holders will dominate.
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