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To: lorne who wrote (5238)	1/4/1998 8:20:00 PM
From: Alex	Respond to of 116753

Hi lorne. I am anything but an expert in Asian affairs so I can only speculate. I have read similar stories relating to Korea so I suppose it is possible. My own feeling is that the rising U.S.$ only exacerbates the Asian problems and if major defaults are to be prevented then this has to be addressed. Greenspan has his work cut out for him. I agree with much of what is said on the Skeptical Investor link that I post here often regarding Asia. Ron W., who posted above, has experience in this area as I believe he lived/worked there for a few years a while back. Maybe he can give you a more concrete answer. Regards

To: lorne who wrote (5238)	1/4/1998 8:27:00 PM
From: lorne	Read Replies (1) \| Respond to of 116753

Fleecing Korea, IMF bail out. January 3, 1998 Some American banks mentioned in this story, Chase, Bank America, Goldman Sachs, Lehmon Brothers, Morgan Stanley, Soloman Smith harney. kimsoft.com