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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Joey Two-Cents who wrote (5819)4/1/1998 9:00:00 AM
From: Oeconomicus   of 18691
 
Joey2C, thanks for the Asia news links. I particularly liked the "higher of cost or market" accounting system they came up with for the Japanese banks. Now, their market can go through the basement floor too and the banks will never have to worry about capital adequacy as long as they never sell.

Regards,
Bob
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