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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: Bucky Katt who wrote (15933)11/30/2003 7:47:25 PM
From: Skywatcher  Read Replies (1) of 48461
 
maybe NOT japanese stox
Tokyo stocks open down after bank
nationalisation
Sunday November 30, 7:17 pm ET

(Updates to open)

TOKYO, Dec 1 (Reuters) - Japanese stocks opened lower on Monday, with investors
looking to sell after weekend news of the government's unexpectedly tough action
against a troubled regional bank.

Confounding market participants who had anticipated a rescue in
which shareholders would be protected, the government said on
Saturday it would temporarily nationalise Ashikaga Bank, the core unit
of Ashikaga Financial Group (Tokyo:8352.T - News), after inspections showed it was
insolvent.

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