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Strategies & Market Trends : Asia Forum

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To: Worswick who wrote (1555)1/25/1998 8:09:00 PM
From: Thomas Haegin   of 9980
 
Worswick, I have the feeling that we will hear quite a few more stories about fallen corporate "angels" and tycoons before the SEA crisis will be over. Reading the NY Times article you thankfully reposted, I remember the Moody's conference we heard and the mind-boggling short-term cash requirements that Korean borrowers faced...

Korea and Indonesia are deepest in trouble IMO, Indo more than Korea.

Thomas
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