Legal Officer Testifies On Pension Manager’s Continued ABCP Buys

Caisse de dépôt et placement du Québec, the Canadian pension manager, kept on investing in asset-backed commercial paper despite warnings that the ABCP market was collapsing, according to testimony by is legal affairs officer.

  • 13 May 2009
Caissede dépôt et placement du Québec, the Canadian pension manager, kept on investing in asset-backed commercial paper despite warnings that the ABCP market was collapsing, according to testimony by is legal affairs officer. Claude Beregeron testified at hearings that while there was panic at Caisse over the ...

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