Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (24503)	8/17/1998 11:46:00 AM
From: Jurgen	Read Replies (1) of 94695

tippet, don't expect a German bank/company breaking down because of RUBEL-denominated assets. Thanks to conservative German accounting laws all loans have already been written down to nothing or are secured by the government or are covered by huge reserves long ago. Russia is not a new problem, this has been going on for years. Noone really expected to get any money back from Russia. We look at it as a purchase price for Eastern Germany + peace premium and, maybe, an investment that might pay off in 20 years or so.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next