Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Bill Murphy who wrote (4178)	3/12/1999 5:37:00 AM
From: MythMan	Read Replies (2) of 81019

>>Le Metropole's Charles Peabody warned us months ago that the next big derivative blow up would come in the spring. U. S. regulators must have an ear to Charles as they issued this bit of advice yesterday: Reuters - U.S. banks and thrift lending institutions were warned by federal regulators on Wednesday to prepare for higher losses because of weak international markets. "We recognize that today's instability in certain global markets, for example, is likely to increase loss inherent in affected institutions' portfolios and consequently require higher allowances for credit losses than were appropriate in more stable times," said the joint letter to lending institutions from the Federal Reserve and four other regulatory agencies. << Saw that. Charles still seeing huge meltdown in bank shares? MM

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