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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: John Hunt who wrote (27455)	2/1/1999 8:22:00 AM
From: John Hunt	Read Replies (1) of 116753

GMAC To Buy Bad Loans In Japan; Value Could Total 1 Trln Yen << General Motors Acceptance Corp. will purchase as much as 1 trillion yen in nonperforming loans in Japan, The Nihon Keizai Shimbun learned Wednesday. This will be the largest purchase of domestic bad loans by a foreign company. -- cont'd -- >> nni.nikkei.co.jp Very shrewd or very dumb move - Perhaps a GM shareholder should ask for a sanity test?

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