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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Cynic 2005 who wrote (25032)3/12/1999 5:51:00 PM
From: IceShark  Read Replies (2) of 86076
 
said such debt-to-equity swaps could violate the U.S. law barring IMF funding to Korean banks from bailing out chip companies. Subcommittee Chairman Michael Crapo (R-Ida.) expressed concern that a proposed debt-to-equity swap for Anam Semiconductor Co. might be just such a bailout.

Crapo? Life sure is stranger than fiction.

Rep. Crapo defends POS. -g-
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