SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Asia Forum
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ramsey Su who wrote (7602)11/25/1998 4:36:00 PM
From: Liatris Spicata  Read Replies (2) of 9980
 
Ramsey- OT-

True, shareholders of closed banks ended up with zero in many cases, and the industry was downsized considerably. So much to the good. But the RTC spent over $10^11 ensuring the solvency of the assets purchased by the buying institution, did it not? Furthermore, no depositors lost money, as they would in an unfettered free market (I gather that was the main reason the government set up the RTC).

I am curious why you think "The most likely scenario is the yen will drop and start the chain reaction by putting too much pressure on the yuan." Not a happy prospect.

Larry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News