Posted AT 9:40 PM EST on 09/04/08
ABCP bailout angers larger investors
Corporate investors who say they have been shortchanged by a $32-billion ABCP restructuring proposal intend to ask the judge overseeing the effort to give them a veto in the process, which took a major leap forward yesterday when Canaccord Capital Inc. unveiled a plan to ensure most individual investors see a full return of their money.
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