Report, if you have a problem with this page“ After the meeting, Guay met with Verville for a debriefing. Guay reports that Verville said that all investors would have to roll to avoid a market collapse. Guay told Verville that on Monday, at the first chance to roll its maturing paper, the Caisse should not be the only investor rolling in a particular trust. If that happened, it would end up in a worse position than not rolling at all. ”
Paul Halpern
From : Back from the Brink: Lessons from the Canadian Asset-Backed Commercial Paper Crisis
