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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (8077)11/16/1997 12:49:00 PM
From: John Hunt  Read Replies (3) of 18056
 
Japan banks to tackle loan mess despite stock rout

biz.yahoo.com

<<< They expect that the banks, due to begin announcing interim results on Wednesday of next week, will at the same time unveil plans to post large losses for the full year in order to write off problem loans. >>>

Sounds like Wednesday will be a bad news day.

John
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