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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 150.60+1.5%10:42 AM EST

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To: Ramsey Su who wrote (6072)6/28/1998 10:13:00 PM
From: Ron Bower  Read Replies (1) of 10921
 
Ramsey (& Zeev),

I don't remember what the actual number is, but US banking regulations do not allow a bank to put anywhere near 92% of the deposits into loans. The number is more like 70% and an amount must be paid into the FDIC to insure deposits. The US system also has inspectors reviewing each loan the banks makes, particularly business loans.

Does Japan have a similar system? Do they regulate the percentage of deposits that can be loaned out? ... insure depositors funds? ...have similar review and inspections of bank operations?

TIA,
Ron
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