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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: chirodoc who wrote (474)11/23/1997 3:40:00 PM
From: goldsnow  Read Replies (1) of 3902
 
<<< Japan faces the risk that banks would be contaminated by the fallout
from Yamaichi. Trouble could also spread to life insurers who have
invested heavily in loans to banks.

The biggest international concern was that Japanese banks could be
driven to cut their U.S. Treasury holdings to raise liquidity, an action
that would have global repercussions. >>>

biz.yahoo.com
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