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To: Wyätt Gwyön who wrote (38014)8/16/1999 1:28:00 AM
From: quidditch  Respond to of 152472
 
OT Weekend exception grandfathered into Monday wee hours:

Greg, good point on Japanese banks; with most still deeply in negotiations with MOF regarding how, when, whether to write off the billions of yen of bad loans to crony clients and affiliates, Basle Accord regulatory capital compliance is a bleak miasma of uncertainty. don't know if this accounts for all of the 6% decline, but a real factor, no doubt.

Regards. Steve