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To: Rational who wrote (8340)	11/17/1997 7:25:00 PM
From: Snowshoe	Read Replies (2) of 18056

>>These banks can be (and will be, if they do not increase capital) legally barred from doing international banking. This will be a near-death of Jap, Inc. So the govt decided to move and the market believed, IMO.<< Can you elaborate on the threat posed to Japan if their banks pull out of international banking? What about the article posted by John Hunt, which says they may go ahead and do it? Here's a quote: ''It is safe to say for most Japanese banks their foreign operations are much more a matter of prestige than of contribution to the bottom line,"... techstocks.com

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