Posted AT 6:51 PM EST on 03/03/08
BMO fails to reach restructuring deal on 2 trusts
QUEBEC CITY — — Bank of Montreal executives will likely face tough questions from investors Tuesday as the bank failed to reach a restructuring deal on two asset-backed commercial trusts it sponsors by the close of business Monday, leaving the trusts vulnerable to meltdown as early as Tuesday if creditors seize assets.
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