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Technology Stocks : Dell Technologies Inc.

DELL 127.22

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To: JPR who wrote (72468)	10/16/1998 8:16:00 AM
From: Mohan Marette	Read Replies (1) of 176387

Upper House Passes Bank Recapitalization Bill Into Law JPR: Here is some good news from Japan. ======================= (Source: Nekkei Japan) Friday, October 16, 1998 Volume 3 No:808E Issued: 07:00 p.m. JST TOKYO (Dow Jones)-Japan's upper house of parliament passed into law Friday legislation allowing the government to pump public funds into the nation's banking system. The passage of the bank recapitalization bill, which was widely expected, clears the way for the government to draw money from a 60 trillion yen pool of funds, with 25 trillion yen to be used for recapitalizing weak but viable banks and 18 trillion yen to be used for government purchases of shares in failed banks. The remaining 17 trillion yen is for guaranteeing deposits at failed banks.

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