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To: Thomas M. who wrote (15444)4/18/1998 6:12:00 AM
From: John Hunt  Read Replies (2) | Respond to of 18056
 
IMF Seeks to Be More Forceful in Approach to Crisis

washingtonpost.com

<< So now the IMF is bent on becoming a more assertive institution, with the aim of doing a better job of heading off crises before they get out of control. On Thursday, its policymaking interim committee unveiled plans for the IMF to develop a "tiered response, whereby countries that are believed to be seriously off course in their policies are given increasingly strong warnings." >>

My banker was never this polite, when I owned a small business. So far, Suharto has gotten 3 deals in 6 months ... Bet he is really scared!

< G >

John