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Technology Stocks : Dell Technologies Inc.
DELL 114.44-3.4%Jan 30 9:30 AM EST

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To: chuckie who wrote (69383)10/5/1998 9:25:00 PM
From: Mohan Marette  Read Replies (2) of 176388
 
Chuckie: If you are talking about IMF helping Japan with 15-20 billion dollars,nothing could be farther from truth.The Japanese don't need any money from anybody not from the U.S,not from G-7 and certainly not from IMF as they got more money than every damn country combined.Lack of money is not their problem it is the non-performing loans of the bank as you said and the amount you mentioned also could be right,ie about 1 trillion dollars.Funny thing is they got the money but have no political will to clean up the mess.

"in fact, the japanese exposure is estimated at 1 trillion dollars, the IMF ability to control this with 15-20 billion dollars is like taking a leak into the Pacific..
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