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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Bill F. who wrote (66602)8/22/1999 1:57:00 PM
From: JoeDi1213  Respond to of 132070
 
Are you forgetting Abbey Jo's job and Ralph A's job is to sell things to people. It just happens to be stocks. At the present time it just isn't a 25% off red tag sale.



To: Bill F. who wrote (66602)8/24/1999 11:07:00 AM
From: BSGrinder  Read Replies (1) | Respond to of 132070
 
Bill,
In a recent Rap you suggested that the big Japanese bank merger might be the indication that the Japanese are starting to solve their financial problems.

How would you respond to this excerpt from Neville Bennett's analysis:

>"Thus the merger does nothing to reduce the global
>isolation of the banks. Nor does merging three banks
>with unhealthy balance sheets create a new healthy bank.
>Moody's rating for financial strength remains at E+.
>The new bank is hardly likely to be an international
>competitor against the likes of Deutsche or Citibank.
>It will look more like a whale, stranded on an
>isolated beach."

Thanks for your insights,
/Kit
>