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Japan firms to recover 80% of losses in Princeton bond scandal.

Publication: Japan Weekly Monitor
Publication Date: 24-DEC-01
Format: Online - approximately 232 words
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 18 Kyodo

Japanese companies that lost hundreds of millions of dollars in the Princeton bond scandal will recover 80% on average of their losses under a deal announced Monday, a Japanese lawyer said Tuesday.

''The ratio of recovery is 80% on average (to the book value) and...

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