A word of warning
A Bloomberg headline on March 19, 2008: "HBoS says it has 'no liquidity problems' after shares plummet".
And another Bloomberg headline on March 27, 2008: "Lehman spokeswoman says rumours in market are 'unfounded'".
These are a couple of high-profile examples of companies publicly refuting rumours in the market. Given the continuing fragile market conditions, and although we are not implying that any of our members were involved, ACI UK wishes to draw attention Paragraph 7 of Chapter 2 of the ACI
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