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To: eddie r gammon who wrote (53820)7/29/1999 7:33:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
I wonder what will happen now...will derivative positions with Japanese counter-parties be quietly closed out? the more i think about it, the less believable it appears. the notional value of the derivatives held by Japanese institutions is some 4 1/2 times Japan's GDP. perhaps it will start slowly and then snowball...