Strictly: Drilling II 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 : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: t4texas who wrote (881)	8/30/2001 9:42:42 AM
From: isopatch	Read Replies (1) of 36161

More discouraging news about bad loan problem in Japan. "Regulators Admit That Japanese Banks Will Be Slow to Relieve Bad-Loan Burden By JASON SINGER Staff Reporter of THE WALL STREET JOURNAL August 30, 2001 TOKYO -- Japanese regulators warned that the country's banks will make little progress at reducing their burden of bad loans in the next several years, an admission that helped send Japan's benchmark stock index to its first close below the 11000 mark since 1984. The Financial Services Agency said it may take as long as three years before the level of bad loans at Japanese banks goes down at all, because the bad debts that banks write off will be offset by new bad loans. The agency also estimated that it will take up to seven years before the value of the bad loans is cut by half."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next