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Strategies & Market Trends : Asia Forum
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To: Henry Volquardsen who wrote (7923)1/27/1999 3:46:00 PM
From: Worswick  Read Replies (1) of 9980
 
As I posted lass summer all the Japanese pension funds are broke and a gigantic ponzi scheme Henry. Learnt this from a English based manager of Japanese pension funds. Alas, how hard it is to keep a real secret in this cruel world.

This appeared in a South China Morning Post article in December of 1998 did anyone get the full text???

I was too cheap to buy it....


Best to you,

Clark

"LAST year alone, Asia's 500 richest families outside Hong Kong and Taiwan lost, on average, between 50 and 70 per cent of their net worth, investment adviser Marc Faber says".

This, you see, is a mega hit.
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