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To: lorne who wrote (4636)	12/22/1997 2:56:00 PM
From: lorne	Respond to of 116815

MORE BAD NEWS OUT OF JAPAN (22-Dec-1997) Bad debt is on the rise at Japan's banks and financial institutions. The finance ministry says total bad debt at Japan's city banks, trust banks and long-term credit banks rose marginally to 28 trillion yen, or about US$217 billion, in the fiscal half through September. The ministry blames the collapse of several construction firms and non-bank affiliates of Nippon Credit Bank.