At S&P class action trial, city treasurer accused of being ‘careless’

Article 2018-04-14 1:38 pm By Miklos Bolza | Sydney

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A former treasurer for Coffs Harbour City Council was “careless” for not analysing the financial products he invested millions of dollars of the city’s funds into, a lawyer for ANZ said last week at a class action trial against the bank and US ratings agency S&P Global.

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