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To: SKIP PAUL who wrote (6468)12/14/1997 8:43:00 PM
From: dougjn  Read Replies (1) | Respond to of 152472
 
Certitude? About what? I see a train wreck, is all. Actually, I saw it last week, early this past one, now almost everone does. As in IMF bailout may not work.

I'm pretty sure it won't. Japan is the Country which logically should pony up more help/w/ more pressure. Why? They have largest exports to Korea. Wan depreciation hurts them most. They have, I think w/ Hong Kong, largest foreign bank loans to Korean banks. Etc., etc. Us as a whole (the Q aside) is not all that directly affected by Korea, which is no doubt why Rubin is signalling swing, baby swing.

However, re: Japan, from the way it looks, Hashimoto is paralized. (He's the dude who was finance minister 6 years ago when the scandal of massive illegal hiding and assumption of customer and other market losses (probably heavily underworld) was made known to the finance minister, i.e. him, but not disclosed or acted upon by him. Such a guy.

Doug