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To: John Pitera who wrote (53917)7/30/1999 12:56:00 PM
From: MythMan  Read Replies (1) | Respond to of 86076
 
who's f'ing with me on this?
quote.yahoo.com



To: John Pitera who wrote (53917)7/30/1999 8:48:00 PM
From: Henry Volquardsen  Read Replies (1) | Respond to of 86076
 
John,

I can't comment to much on the CSFB situation. I will say that I do not believe this is part of a Japanese effort to attack Western banks. I believe several firms were investigated and the others did not get into trouble. I suspect this is pretty much it and not a war abrewing. The market is certainly betting that way. All the major banks are aware of the situation and if there were a major concern it would quickly be registered in an expansion of the Japan premium. That hasn't happened.

Btw I am a big fan of Martin Armstrong's analysis. In this particular case I believe he over reacted to something.

Henry