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To: Ahda who wrote (9840)4/12/1998 11:03:00 AM
From: robnhood  Read Replies (1) | Respond to of 116762
 
<<Tib bit we have a surplus right of 50billon i believe what we loan out re imf is>>

I believe that it has been pointed out in several places that this money is a round about way of bailing out the large money centre banks for so called poor judgement lending. The poor judgement part is questionable only if you believe they didn't have a fairly firm conviction of the fact that they could arrange a bailout for themselves if the s#$%t hit the fan. They have simply transfered the debts to the backs of taxpayers, here and abroad. Corporate Welfare, NO?

russell