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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (192714)9/19/2002 10:37:35 AM
From: Les H  Read Replies (1) of 436258
 
Central bank throws a hail mary

ntrs.com

In sum, the ball has been thrown firmly back into the government's court. And, unless the government picks up this ball and runs with it - i.e., accelerates its mediocre reform efforts - the resultant damage to the BoJ's credibility could trigger a stock market collapse. Disappointment with the government's response could set in quickly. It is expected to come out with a set of emergency economic steps focusing on tax and banking sector reforms tomorrow.

If the BOJ is Spurrier, he has no defensive team.
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