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To: lorne who wrote (66462)3/23/2001 2:29:57 PM
From: lorne  Respond to of 116762
 
Banks take stock of losses due to Lal’s default
Economic Times
23 March 2001
" A grim mood prevailed at different banks like State Bank of India, Punjab National Bank, Bank of India and Standard Chartered in Ahmedabad, as senior officials from the respective headquarters descended on Thursday to take stock of losses caused by the default of bullion merchant K Lal. "
Full story >>>
203.197.64.234



To: lorne who wrote (66462)3/23/2001 2:37:21 PM
From: long-gone  Read Replies (2) | Respond to of 116762
 
<<Swiss to sell 100 more tonnes >>

Why did they have to "correct"? reported wrong by "accident" yeah I bet - sure. a$$holes

Doesn't everyone dig the way swiss sell, nice, just gets slipped in, no hype.



To: lorne who wrote (66462)3/23/2001 4:57:06 PM
From: Square_Dealings  Read Replies (2) | Respond to of 116762
 
I always find the best way to get a good price is to announce in advance that your going to unload 100 tons on the market.

The gold market is truly a piece of work.

M.