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To: kormac who wrote (10854)12/14/1997 11:08:00 PM
From: Tulvio Durand  Respond to of 77400
 
IMF has S. Korea on a leash. If IMF terms are abrogated the IMF loan spigot is shut off. It is not an even contest and S. Korea politicians will have to honor terms of bailout whether they like it or not. BTW, S. Korea market is up 7% as I post this. Good news! Tulvio