Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: bill who wrote (81898)	2/14/2002 4:19:09 PM
From: long-gone	Respond to of 116764

And all the while everyone talks about the problems of Japan's banking sector: Forbes.com Good Money From Bad Debt The McKinsey Quarterly,02.08.02, 2:00 PM ET NEW YORK - Europe is awash with bad debt. European banks, companies and public institutions are owed some $900 billion of nonperforming credits. The McKinsey Quarterly makes available its research by special arrangement with Forbes.com. Click here to read the full text of this article on The McKinsey Quarterly site. Free registration is required. As the economy of the region slows, its credit troubles are growing--draining the profit from Europe's banks and industrial companies. Deadbeats owe German banks and businesses $280 billion. Nonperforming credits come to $180 billion in both France and Italy, $100 billion in Britain and $30 billion in (cont) forbes.com