Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (8339)	11/17/1997 7:20:00 PM
From: Rational	Respond to of 18056

John: "The measures will include setting up an agency with funds from the government's Fiscal Investment and Loan Programme (FILP) to buy preferred stock to be issued by ailing financial institutions, the financial daily said." Thanks. This straightens one part of the story. Where is the other part of the story which says that Japanese will sell US Treas? The Govt is broke and the FILP may not have much to invest. But, it may be a conduit for investment from other institutions. What are those institutions? Which of the assets/stocks of those institutions must be sold to buy preferred stock in Jap banks? We need some more information from Jap, Inc. Sankar