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NCB was too big to close

JamaicaObserver.com: "THE Finsac enquiry into the 1990s financial meltdown received startling news yesterday for the first time that the National Commercial Bank (NCB), then Jamaica's second largest, was only spared because it was too big to close.

Former finance minister, Dr Omar Davies told the enquiry that he gave the National Commercial Bank (NCB) special treatment because of the 'too big to close' syndrome."

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