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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (44304)3/22/2001 3:20:34 PM
From: Shoibal Datta  Read Replies (2) | Respond to of 70976
 
Gottfried, per briefing.com:14:51 ET World Markets : The MerVal tumbles 7.2% on rumors that Argentina's President is planning to resign. Weakness extends across borders to Brazil, where the Bovespa fell 7%... Now hearing that the Japanese business publication Nihon Keizai Shimbun is planning to report in tomorrow's edition that Tokyo Mutual is close to insolvency. However, fact that the dollar/yen is having little reaction suggests that market is predicting an orderly rehabilitation.



To: Gottfried who wrote (44304)3/22/2001 3:20:37 PM
From: 16yearcycle  Respond to of 70976
 
A smaller Japanese bank is said to be going under. It's unimportant as our banks our in great shape. However, reality is not something that has been dealt with lately.


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