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To: Tom who wrote (867)	11/12/1997 4:08:00 PM
From: Tom	Respond to of 2951

You DON'T say? --------------------------------------------------------------------- NEW YORK (CBS.MW) -- One of the U.S. banking industry's most influential analysts downgraded BankAmerica, Chase Manhattan and JP Morgan on Wednesday, saying the Asian currency crisis is "broader and deeper" than it first appeared. --------------------------------------------------------------------- They don't want to even think about Citibank.

To: Tom who wrote (867)	11/12/1997 10:46:00 PM
From: synchro	Read Replies (2) \| Respond to of 2951

>> I'm looking for an innovative solution Maybe an American President organize an emergency meeting with the Asian countries and announce a major economic reform program --> lower taxes, lower trade barriers, less corruption and a regional currency board. Stop all cuurency intervention and manipulation. The chance of this happening is: 0%. Clinton is too weak. Everybody else just want to export their way out of the problem. After all, the economy is too imporant to be entrusted to free markets. Or is it? The lack of American leadership is tragic.