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Gold/Mining/Energy : Gold Price Monitor

GDXJ 143.83

-4.4%

4:00 PM EST

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To: ahhaha who wrote (80202)	12/26/2001 8:51:01 AM
From: long-gone	Read Replies (1) of 116931

"More than 20 of Argentina's bondholders recently formed a committee to negotiate new terms with the government. "The bulk of the members of the committee are large institutional holders who either hold for their own account or manage client accounts," said Michael P. Richman, a partner at Mayer, Brown and Platt who represents the group. J.P. Morgan Chase and TIAA- CREF, the pension fund for educators, have been identified as members of the committee. He also said that several smaller creditors had expressed interest in joining the group. Mr. Richman said that Argentina would have a better chance of averting legal action if its officials worked with the committee. " nytimes.com

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