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The ruling effectively meant that Americus could not create more trusts.
Eight more trusts are in financial special measures owing to large deficits and poor management.
His personal devotion to Roosevelt was doglike, and he continued some of Roosevelt's policies: though Roosevelt was known as the Trustbuster, Taft's Justice Department actually busted more trusts.
It may help reduce the supply issues – lack of capital – by encouraging more trusts, foundations and grant-makers to dip their toes into this market.
"We are looking at whether more trusts should go down that route, as had been done in London and elsewhere, on people having to prove their identity.
By this time the government was getting caught in a vice of an unrelenting rise in emergency admissions with more and more trusts sliding into deficit.
Similar(43)
More trust?
No more trusting the "elites"!
"Other sources may be more trusted.
Why weren't you more trusting?
"And a lot more trust".
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Justyna Jupowicz-Kozak
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