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To: Eclectus who wrote (84071)	4/1/2002 8:30:35 PM
From: Enigma	Read Replies (1) \| Respond to of 116764

On the contrary the hawks are surely the ones who feel betrayed, for where is the security they sought with Sharon?

To: Eclectus who wrote (84071)	4/1/2002 10:34:30 PM
From: Stephen O	Read Replies (1) \| Respond to of 116764

Somewhere I read about a month ago that Blair was coming to US for talks in April to finalize plans for attack on Iraq. Even with the death of the queen mother Blair is still coming for those talks with Bush. Could there be a link with the Stratfor article and the necessity of an attack using tactical nukes on Iraq. That trial balloon was floated recently wasn't it.

To: Eclectus who wrote (84071)	4/2/2002 7:44:25 AM
From: long-gone	Respond to of 116764

Sumitomo, JP Morgan to Settle Suit Mon Apr 1,11:19 AM ET TOKYO - J.P. Morgan Chase & Co., the big U.S. financial firm, has agreed to pay $125 million to Sumitomo Corp. to settle a 1999 lawsuit over a multibillion dollar copper trading scandal. The companies announced the settlement Monday and said Sumitomo would drop its lawsuits against Morgan as part of the deal. Morgan said Sumitomo filed suits against J.P. Morgan Chase predecessors The Chase Manhattan Bank and J.P. Morgan & Co. Inc. for a combined total of more than $2 billion, demanding compensation for the bank's alleged role in a scandal in which a Sumitomo copper trader lost $2.6 billion. It wasn't clear what specific role J.P. Morgan played in the losses because the lawsuit was sealed. A cover sheet that accompanied the court documents only detailed the amount demanded by Sumitomo and that the Japanese company was accusing J.P. Morgan of fraud, racketeering, negligence, breach of duty, aiding and abetting and conspiracy. Sumitomo had discovered the losses in September 1996, and traced them to unauthorized trades made by one of its own traders, Yasuo Hamanaka. After the announcement, copper prices plunged. Sumitomo has since paid out millions of dollars in class-action lawsuits filed by copper traders and others over trading in Japan and abroad. The traders alleged that Hamanaka had cornered as much as 5 percent of the copper market, keeping the price of copper high on the New York and London commodity futures markets in 1995 and 1996. Hamanaka was sentenced to eight years in prison in March 1998 by the Tokyo District Court on forgery and fraud convictions. Sumitomo has filed a separate civil lawsuit against Hamanaka. Sumitomo said on Monday that proceeds from the settlement would boost its profits by about 16.7 billion yen ($126 million) for the fiscal year ended March 31. Morgan said it has already set up a reserve for a portion of the $125 million settlement. In morning trading Monday on the New York Stock Exchange (news - web sites), Morgan shares were down 27 cents at $35.38. story.news.yahoo.com