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To: dartmouth who wrote (4681)11/5/1997 9:56:00 AM
From: T Orr  Respond to of 7685
 
My view:

If looks like GFL took an aggressive approach to increase their returns, because of the lack of clarity by the regulators. GFL knew they were walking a thin line, but they pushed the envelope until someone said uncle. They saw a loop-hole and used it to their advantage until regulators were forced to make it more clear.