XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 25.70

-4.5%

11:30 AM EST

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To: chirodoc who wrote (4757)	11/19/1997 10:53:00 AM
From: Tharos	Read Replies (1) of 17367

Monday the markets here surged because of the Hokkaido bank failure, investors here thought that it would force the government to step in. Hashimoto was quoted as saying they would help. Tuesday, Hashimoto called back the newspaper to "correct" their misstatement, saying that he only said he and top officials were going to discuss the matter, not that they were going to fix it. I think I posted that sometime early yesterday. I'm not sure on that resolution trust, I know they have what I consider an eqivilent of the FDIC, and that people are not happy with it. This may be the same "resolution trust" you are asking about. I will ask a bank friend and see what he says. It's often hard to translate the kanji, for example take the Ministry of Finance, the Kanji literally mean "The Big Storehouse." A bank is a "Row" or "Line of Silver."

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