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KSF rescue package remains an option

by isleofman.com 29th November 2008
The Treasury Minister Allan Bell has responded to news that a decision about the future of Kaputhing Singer and Friedlander will not be made until the New Year.

A petition to wind up the collapsed bank was adjourned on Thursday to allow time for alternatives to a winding up of the bank to be assessed.

Mr Bell says Treasury remains committed to putting together a rescue package (audio file attached):
Posted by isleofman.com
Saturday 29th, November 2008 01:14pm.

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