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Non-Tech : Amati investors
AMTX 2.080-3.5%12:31 PM EST

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To: JW@KSC who wrote (30179)1/4/1998 1:04:00 PM
From: JW@KSC  Read Replies (1) of 31386
 
Soros Says Global Finance System Breaking Down

Financier George Soros said Wednesday the international financial system was suffering a systemic breakdown thanks to the crisis in south-east Asia.

Writing in the Financial Times newspaper, the multi-billionaire
behind Soros Fund Management said the financial community should grab the opportunity to set up a new global authority to guarantee international loans for a fee.

''What started out as a minor imbalance (in Asia) has
become a much bigger one that threatens to engulf not only
international credit but also international trade,'' he wrote in
the paper.
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