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LM boss ploughs a loan furrow

It's business as usual for Peter Drake. The Gold Coast entrepreneur, whose LM funds management empire bit the dust in May, is back in the insurance game. The moral of the story is that you can lend yourself $46 million from your funds business, appoint some insolvency practitioners, then set up shop again down the road. Breezy as you like.

07 Sep 2013
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