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To: Richard Monge who wrote (6252)	12/12/1997 12:39:00 PM
From: Jim Lurgio	Read Replies (2) \| Respond to of 152472

You said it right last time I heard we are down 6 1/4.

To: Richard Monge who wrote (6252)	12/12/1997 12:44:00 PM
From: dougjn	Respond to of 152472

News just out from US Treasury that early disbursement of funds to Korea will not be possible. Korea will default. Japan will restructure its loans. But this crisis will roll. Not gonna be over quickly. Mexican gov't was run by Harvard educated economists who had strong relationships w/Rubin, Sommers, et. al. Korea is refusing to do anything. Congress would kill Clinton for doing more than the existing IMF plan. Korea won't even agree to that. And now its too late. Doug