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To: Richnorth who wrote (5510)1/9/1998 6:29:00 PM
From: Abner Hosmer  Read Replies (2) | Respond to of 116753
 
''If Indonesia goes down the moratorium path, then Thailand and South Korea could be in quite a tricky position because there are common creditors involved,''

biz.yahoo.com



To: Richnorth who wrote (5510)1/9/1998 6:48:00 PM
From: Abner Hosmer  Read Replies (2) | Respond to of 116753
 
"Short-term loans dominated credit to Asian countries during that period and by mid-year South Korea was due to have paid back $70 billion between then and mid-1998, said the BIS, banker to the world's central banks."

yahoo.com



To: Richnorth who wrote (5510)1/9/1998 7:11:00 PM
From: Abner Hosmer  Respond to of 116753
 
South Korea
mid-1997 end-1996 mid-1996
(figures in billions U.S. dollars)
Total claims:
103.432 99.953 88.027
Ranked by countries:
Japan 23.732 24.324 22.512
Germany 10.794 9.977 8.529
France 10.070 8.887 6.994
United States 9.964 9.355 9.582
United Kingdom 6.064 5.643 4.140
Belgium 3.899 3.731 2.312
Netherlands 1.736 1.926 1.651
Switzerland* n/a 1.609 n/a
Italy 1.369 1.208 1.024
Canada 1.325 1.355 869
Austria 1.212 1.269 1.257
Luxembourg 528 539 448
Spain 546 469 357
Finland 106 170 147

"Japanese banks remained the largest creditors to South Korea"

biz.yahoo.com



To: Richnorth who wrote (5510)1/9/1998 7:20:00 PM
From: Abner Hosmer  Read Replies (1) | Respond to of 116753
 
"The prospect that Indonesia might declare a debt moratorium is striking fear among Japanese creditors, who hold the lion's share of debt in the Southeast Asian nation."

biz.yahoo.com



To: Richnorth who wrote (5510)1/10/1998 6:51:00 AM
From: Jack Clarke  Respond to of 116753
 
>OFF TOPIC<<

Richnorth,

RE: Impeachment of Clinton, there is a website dedicated to this effort:

impeachclinton.com

I personally think they are urinating into the wind, if you will pardon the expression, since we have ample evidence every day that the entire political system is corrupt. A third party is my only hope, and that seems less and less likely.

Jack