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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (41035)	10/10/2008 4:12:45 PM
From: maceng2	Respond to of 217802

JPM is up $5+ today at the time of writing. We are saved -g-

To: KyrosL who wrote (41035)	10/10/2008 4:42:58 PM
From: elmatador	Respond to of 217802

Keep an eye on the IMF the defunct institution is hungry and seeking new preys. The tick that was sucking the zebra needs new animal. Japan to propose IMF loan plan for small states: reports Japan will call on the Group of Seven (G7) industrialized nations to create an emergency lending program to help smaller economies weather the global financial crisis, reports said yesterday. Japanese Finance Minister Shoichi Nakagawa will propose the International Monetary Fund (IMF) loan program when he meets his G7 counterparts later in the day in Washington, Jiji Press and other local media reported. "Japan is ready to make a significant contribution to supporting other countries through the IMF," Nakagawa said in Washington, Jiji reported. "Japan is determined to cooperate for measures including providing capital." Bank of Japan governor Masaaki Shirakawa, who was also due to attend the key gathering of finance ministers and top central bankers, said: "Financial markets in the world remain tense." Countries would find it "very hard" to cope with the current turmoil, he told reporters in Washington. The IMF loan program, which Japan believes could be on a scale of about 200 billion dollars, would be financed by IMF member nations, partly from their foreign currency reserves, the reports said citing unnamed government sources. Japan will call on China as well as Middle Eastern oil nations to come on board, the Nikkei said. The program would assist emerging economies and smaller countries when they need to inject public funds into their own financial institutions.