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To: Ocote who wrote (8391)	11/17/1997 10:56:00 PM
From: Defrocked	Read Replies (2) of 18056

Great find Ocote! "Under the plan, operators of such pension funds could invest more than 30% of the funds in securities or foreign-currency denominated assets and more than 20% in real estate. The plan will be incorporated into an economic package to be released Tuesday, the sources said. The ministry initially said it would lift the regulations by March 1999, but decided to move the plan up by a year in response to requests from the business community." Free markets at work!<g> I can see the next headline now, "Due to overwhelming support of the business community, especially the banks, the ministry has decided to implement the regulations retroactively"<G> Gotta feel sorry for the pensioner in all this.

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