For those visitors who do not routinely visit The Grub’s Pub, I thought I would move Alan’s comment to the front porch.
It would be interesting to know if the security in the form of a guarantee on the bank loan was referenced under the Bank Act or other security registry. If so, this should not have been a surprise just showing up in the media now. If not, why was it intentionally kept private by the government?
See: http://pei.cbc.ca/regional/servlet/View?filename=pe_polarloan20040224