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

To: John Hunt who wrote (9893)	12/1/1997 6:19:00 PM
From: John Hunt	Read Replies (2) \| Respond to of 18056

Tomorrow's SCMP - Bad loans for Asian banks reach US$108b scmp.com This bad news should move the Dow up another couple of hundred points. :-)) John << The study examined the balance sheets of the 63 listed banks in the five Asean economies of Malaysia, Thailand, Singapore, Indonesia and the Philippines, plus South Korea. It estimated that between them, the firms had $108.5 billion in non-performing loans, and assumed that 70 per cent of those would have to be written off against shareholders' equity and provisions. >>