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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (21313)11/5/2002 10:21:52 AM
From: Jim Willie CB   of 36161
 
yes on surface perhaps, but not in their basements
Japanese banks have very little participation in derivatives
they dont gear much at all
we do
I liken it to C4 all along the pillars in bank basements
I never deny that Japanese banks are walking zombies
in fact, they have been called vampires by the analysts
since they kill healthy businesses

US banks have managed to recreate themselves into casinos
that is a stark difference
US major corporations have managed to restructure themselves into financially engineered twisted entities

finance is America's great weakness now, exposed as a casino in every board room
we each deserve a pointed finger
both are in a world of hurt
/ jim

Boston College?
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