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To: Roads End who wrote (167694)5/23/2002 12:44:07 AM
From: 10K a day  Respond to of 436258
 
errr...i had some 4 day old sushi....I bought it at Ralphs...(ralphs has really good suchi btw)...I fed it to my Golden Retriever Puppy...LOL



To: Roads End who wrote (167694)5/24/2002 12:40:48 PM
From: John Pitera  Respond to of 436258
 
If you read the institutional daily wires of a house like SSB, you'll see that the Japanese Banks and financial institutions have been taking steps to mark down and write off the non performing assets.

good article on a dissenter at the BOJ

Message 17273678

.....Of the 70 policy board meetings Mr. Nakahara attended up to this past Feb. 8, he voted against Bank of Japan Governor Masaru Hayami's proposals on 56 occasions, or 80% of the time. He further defied the majority view by putting forward 58 of his own proposals, none of which gathered even a single vote from any of the other board members. (There were a total of four abstentions on his proposals.)

From the day he joined the nine-member policy board on April 1, 1998, Mr. Nakahara, a former president and honorary chairman of oil refiner Tonen Corp., has been more pessimistic -- he says "realistic" -- than his fellow members. Believing that Japan is still suffering from "the three excesses" -- an oversupply of borrowing, capital investment and labor -- left behind by the bubble economy of the 1980s, he has consistently argued that the bank should take preemptive action to prevent the economic situation worsening still further.