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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (14208)4/2/2001 10:40:36 AM
From: stomper  Read Replies (1) | Respond to of 37746
 
I posted this around last night. Look at the exposure from the new mark to market rule...and this is just from holdings in convenience stores!:

Mitsubishi Corp slid 3.96 percent to 800 yen , while Itochu Corp shed 3.37 percent to 430 yen after the financial daily Nihon Keizai Shimbun reported the trading houses each carry latent losses of more than 80 billion yen ($634.4 million) on their holdings in convenience store shares

biz.yahoo.com

-dave