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

To: Mohan Marette who wrote (2155)	2/14/1998 5:51:00 PM
From: Jack Clarke	Read Replies (2) \| Respond to of 9980

Hi Mohan, With all its shortcomings if IMF and others won't help SEA countries now,it is going to hurt the little guys as much as the big guys. It's always "just one more time"! Yes, if the IMF doesn't come to the aid of the big lenders and foreign stock mutual fund sellers, some little guys will get hurt, but they will learn whom not to place their investments with in the future. More importantly, the planet will learn that sanity has been restored, and that you don't get that high premium for high risk loans and investments for free. The opposite lesson is learned with bailouts: take all the risk you want, the taxpayer will bail you out if you fail. Bad business. And I already wrote my congressmen. Jack