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: Rational who wrote (8454)	11/18/1997 12:47:00 PM
From: tekgk	Read Replies (1) \| Respond to of 18056

Sankar, Related BOJ comment: biz.yahoo.com

To: Rational who wrote (8454)	11/18/1997 1:25:00 PM
From: John Hunt	Respond to of 18056

IMF, Argentina agree on $2.8 bln facility 205.216.146.123 Another IMF loan.

To: Rational who wrote (8454)	11/18/1997 7:52:00 PM
From: Sam Citron	Read Replies (2) \| Respond to of 18056

Sankar, I do not know what Hokkaido Bank's creditors will get. I certainly doubt that BOJ will bail them out. Small depositors will probably be first to be made whole. As for Hokkaido shareholders, they certainly got no help. Hokkaido Bank is not a top 20 bank. It is small enough to fail. The market liked the fact that it was allowed to fail. The shareholders took the hit, which is as it should be. The government has no business guaranteeing the safety of every bank, nor does it have the means to do so IMHO. SC