Friday, January 20, 2006
BMO's Position on FMF Fiasco
Financial Post, Barry Critchley, 20 January 2006Officially the Bank of Montreal has made no comment on the FMF Capital Group debacle, a U.S. sub-prime mortgage lender that came to Canada, raised $197.5-million from retail investors and less than eight months later suspended distributions.The units -- which cost $10 when issued in the initial public offering via a deal led by BMO Nesbitt Burns and
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