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Non-Tech : Derivatives: Darth Vader's Revenge
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To: Worswick who wrote (62)9/9/1998 1:34:00 PM
From: Henry Volquardsen  Read Replies (2) of 2794
 
I would like to see a list of the total exposures of the Japanese banks as well. The problem is no one has that information. Of all the developed nations the Japanese have the poorest reporting standards. In addition the regulatory environment is very chummy so you never can tell what is going on behind the scenes.

FWIW Moody's and the other agencies have been doing as good a job as possible with the limited info available. They have also been warning about the Japanese banking system for some time.Anyone paying attention would have reduced their risk to Japanese banks. I did.
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