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To: JRI who wrote (119540)9/4/2001 11:36:35 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
don't worry about the japanese banks. they say they don't own much nasdaq, just treasuries and dow stocks.



To: JRI who wrote (119540)9/4/2001 11:41:04 PM
From: Les H  Respond to of 436258
 
feed me

biz.yahoo.com



To: JRI who wrote (119540)9/4/2001 11:41:04 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
feed me

biz.yahoo.com



To: JRI who wrote (119540)9/5/2001 12:06:18 AM
From: Oblomov  Respond to of 436258
 
Supposedly the "magic number" was between 1000 and 1100 on the Topix. In fact, I believe that the Topix sinking below 1100 a few days ago is what prompted the IMF to request that they be allowed to review the financial position of Japanese banks. But the major banks could very well have protected themselves against downside risk... they've had 11 years to get their hedges on.


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