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Strategies & Market Trends : Asia Forum

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To: Mark Adams who wrote (7582)11/21/1998 2:37:00 PM
From: Lee Lichterman III  Read Replies (2) of 9980
 
I hate to be over simplistic but ... some injection will be required at some time so I see no fault in that alone since IMO it is a necessary evil. The trillion dollar question is will they only intervene in companies with real futures that will concentrate on making money instead of producing volume below cost. If the targeted companies are sound and have the goal of making money and paying back the cash, then it could work out in the long haul.

We did the same with Chrysler and despite the rantings by many, they paid the loans off early and recovered.

The gold thread just posted that Iraq has turned down a request to see some documents. I am busy and haven't snooped around to verify but I wonder if things are about to heat up again. Gee it lasted a week <ng>

BWTHDIK,

Lee
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