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Non-Tech : MBK---------Bank of Tokyo Mitsubishi Ltd

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To: Lucretius who wrote (2)2/24/1998 10:47:00 AM
From: chirodoc  Read Replies (1) of 170
 
This is why i think we may see even lower prices on this stock in the next 6 months--combination of japanese market and bad loans: we could see $10 or less, sounds more and more like citicorp 7-8 years ago to me. from n.y. times........

"Bank of Tokyo-Mitsubishi which has committed an estimated 90 percent of its equity cushion to loans in the region (Asia), may be in the worst shape (of any of the international banks)"

"Fitch IBCA - a major international rating agency- noted that
Japanese banks were the most at risk in Asia and cited MBK
as having particularly heavy exposure to Thailand, Indonesia and South Korea"
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