Shorting the Big Banks (e.g. JPM, BT, CMB, CCI) Message Board

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Non-Tech : Shorting the Big Banks (e.g. JPM, BT, CMB, CCI)

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To: drsvelte who wrote (21)	9/2/1998 12:34:00 PM
From: BDR	of 268

newsday.com BOGOTA, Colombia (AP) -- Blaming turmoil in world financial markets, the government announced it would devalue the national currency by allowing it to drop 9 percentage points against the dollar. The central bank's announcement, at midnight Tuesday, was made after the peso had come under increasing pressure because of speculation neighboring Venezuela would pare the value of its currency. Venezuela is Colombia's second-largest trading partner.

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