April 2008 News | QuickLoans.com.au

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Quick Loans News

Merrill Turns In Surplus To Administrators

Saturday April 5, 2008

THE FIRST positive signs are emerging for Opes Prime's unsecured creditors, with Merrill Lynch returning surplus funds to the failed broker's administrators after successfully selling off its $500 million share portfolio to cover a similar amount of loans with Opes clients.

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