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To: orkrious who wrote (195685)10/6/2002 8:45:55 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
not to worry : just means the BOJ will be getting more value for their money...<G>



To: orkrious who wrote (195685)10/6/2002 9:30:27 PM
From: Les H  Respond to of 436258
 
Kuroda's bombshell Sept. 13 speech - threatening "massive" FX intervention if BOJ doesn't tame deflation - should be seen as salvo in fight over who replaces Hayami when BOJ chief's term expires in March, The Oriental Economist reports; says MOF pushing for ex-MOF Vice Minister Ozaki or ex-BOJ dove Nakahara; BOJ wants ex-deputy governor Fukui. Report notes Kuroda speech mentions "the most radical solution would be to completely change the institutional arrangement...such as the abrogation of central bank independence."

sg.biz.yahoo.com



To: orkrious who wrote (195685)10/6/2002 9:38:51 PM
From: Earlie  Read Replies (1) | Respond to of 436258
 
Ork:

Was it only a year or so ago that all the experts said that the Japanese government would never let the Nikkei sink below 12,000 as at that point all the Japanese banks would be bankrupt? No need to answer. (g)

Best, Earlie


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