Sanusi's liquidation threat: Whither rescued banks? - Nigeria D...

06/21/11

Sanusi's liquidation threat: Whither rescued banks?
Nigeria Daily Independent
They have three options under such circumstances: inject fresh capital, sell the business as-is, or declare bankruptcy. Since their precarious conditions would cause them to be under-priced in a fire sale, Sanusi rightly discarded the option of ...

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