John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Pitera who started this subject	6/27/2001 10:46:53 PM
From: Mark Adams	Read Replies (1) of 33421

RTC like entity to aid with JPN cross linked holdings? [B] FX ALERT: Japan's ruling party approves bank stock-buying body Hong Kong--1143 JT/0243 GMT--June 28 Tel: +852-2599-2477 A radical plan to establish a body to buy part of Japanese banks' vast shareholdings to lessen their vulnerability to stock market swings was approved Thursday by the ruling Liberal Democratic Party (LDP). Hideyuki Aizawa, head of the LDP's stock market support panel, said the party endorsed proposals by the government's Financial Services Agency to invest two trillion yen to help set up an equity-buying body. A law will be enacted for the stock-buying body during an extraordinary parliamentary session to be held in autumn, and it will "start operations in January," he said. Under the scheme announced Tuesday, Japan's mega-lenders could be made to sell shares worth between 13 and 14 trillion yen to the body by 2004. BridgeNews

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next