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To: Gary H who wrote (4823)12/27/1997 8:48:00 PM
From: Jack Clarke  Read Replies (2) | Respond to of 116762
 
Gary:

No argument from me! BWDIK. I've heard of The Great Reckoning but don't remember the author. I may wish to read it. Was it Prechter? Thanks

Jack



To: Gary H who wrote (4823)12/27/1997 11:59:00 PM
From: PaulM  Respond to of 116762
 
Japanese Banks are now allowed to carry stocks owned on their balance sheets at cost, rather than at market value (as set forth in the link below).

What many Americans don't know, is that--and I get this from a friend of mine that works in the banking industry--American banks have in many instances done the same thing for years.

biz.yahoo.com



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