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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (28712)	1/29/2002 4:49:37 PM
From: Teri Garner	Respond to of 52237

Japanese banks on a downward spiral The Japanese government may be ready to bail out the banks but unless it can restart the economy the current bad loan crisis will continue, writes David Pilling Published: January 28 2002 18:19 \| Last Updated: January 28 2002 22:18 It says much about attitudes to Japanese banks these days that, when Standard & Poor's chief credit officer for Asia-Pacific recently described the banking system as "technically insolvent", his comments caused barely a ripple among his audience. That is because most experts without a vested interest in saying otherwise agree that the world's second biggest banking system is essentially bust. news.ft.com