Derivatives: Darth Vader's Revenge Message Board

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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Henry Volquardsen who wrote (40)	9/7/1998 10:48:00 AM
From: Worswick	Read Replies (1) of 2794

Henry good morning to you this am. I have to say your continuted presence on this thread is quite wonderful and inspiring. You are quite wonderful and I mean that sincerly... to give us your insights about back off risk, systemic risk, your take on the health of the world financial system. I wanted to address your frustration about the Japanese and their continued inability to act in a punctual and coherent manner in regard to thier ongoing financial problems. Basically, what you and everyone has to understand is that Japan is broke; Japan is busted; Japan is bankrupt. If they admit this they will loose tremendous face in Asia and everywhere else. It is simply a matter of the Emperor has no clothes. See my post on the Asia Foruum.... Message 5523877 Once you understand this tell me because I want to believe that all the derivatives that depend on Japanese solvency will stand up. Jesus. I do hope so. I simply can't see how that is possible however much I wish this, or anyone else. Today I wrote on another thread my following worries...

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