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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST

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To: Richard Mazzarella who wrote (63639)2/11/2001 4:11:51 PM
From: lorne  Read Replies (1) of 116753
 
OT.Japan: Failed bank execs to be held accountable.
February 12, 2001
" The arrest Wednesday of four former Niigata Chuo Bank executives, all charged with aggravated breach of trust under the Commercial Code, means that the management of all seven banks that have been declared bankrupt since the Financial Reconstruction Law was enacted in 1998 will be held accountable for their actions. "
" The failure of the seven banks traces back to the practices of the bubble economy of the 1980s. "
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yomiuri.co.jp
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