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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: RetiredNow who wrote (54979)9/6/2001 9:50:03 AM
From: Victor Lazlo  Read Replies (1) of 77399
 
good post MM, although I disagree w/ last two sentences.

<<Why do you think the IMF wants to audit Japan's banks? It's not because they think everything is hunky-dory, I can assure you. The US's problems are entirely different and are not of the same magnitude as those. >>

yup, that sure is a rather odd development .. Japan's banks carry their bad loans and failed investments on the books for yrs and yrs without writing them down or off. And although I think things in the US are rather bleak now, I have always laughed at the comparisons people try to make between the US and Japan to predic the end of the world for the US.
Victor
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