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To: Snowshoe who wrote (9002)11/22/1997 7:05:00 PM
From: Mark Adams  Respond to of 18056
 
While I can't say for sure, the logical holders of this debt would be bond holders worldwide, some banks, and local suppliers (ie the stationary store down the street).

I'm curious as to how 25Billion stands up to the RTC/S&L mess. My memory doesn't serve me well in this respect, but this seems a pretty large number.

At least the account holders will be made good. In the US, we take the FDIC for granted. (and hopefully the SPIC)



To: Snowshoe who wrote (9002)11/22/1997 7:17:00 PM
From: Rational  Read Replies (4) | Respond to of 18056
 
Greg:

Nov 17: "Yamaichi says job cut report exaggerated"
Nov 18: "Yamaichi Sec blames its stock fall on speculation"
Nov 19: "Yamaichi Sec says asks Fuji Bank for support"
Nov 20: "IBJ says Yamaichi Sec's business foundation solid"
Nov 21: "Yamaichi Sec says no problem with debt repayment"
Nov 22: "Yamaichi Securities set to close down"

This shows how falling companies lie to their shareholders. INTC has been doing it for a long time, so is AMAT by announcing a lot of orders from Asia without cautioning that some of these orders may be cancelled or that the distant future could be difficult to predit.

Sankar