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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Haegin who wrote (644)1/9/1998 4:25:00 PM
From: Worswick  Read Replies (2) | Respond to of 9980
 
I forgot to mention on the call back numbers for the Moody conference you have to tell them the name "Asia" to get connected. Again, 800-709-4358: outside the US 402-220-9721.

The conversation about Korean cash flow statments went on and on and on. I wouldn't be depressed Thomas. After all we are in the soup now and the only thing that is in doubt is whether we will get out of the soup.

IMHO "the powers that be" will either go for a quick fix and give standby credits, or they will depend up on the Japanese to put their muscle into it. The Emperor has no clothes. When we discover this we will loose another three weeks and slide faster down the greasy slope.

As an aside everyone at that conference was agreived in some way: they'd been lied to by in-country banking authorities(the Moodies), or, they had the feeling that they'd been had by S$P, Moody's and Fitch (the people on the buy side of bank paper).

Maybe you should go back to Spain for awhile.