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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Lazlo Pierce who wrote (7758)4/24/1998 11:21:00 PM
From: Joey Two-Cents  Respond to of 18691
 
<JAKARTA -- Chase Manhattan Corp., Deutsche Bank AG, Bank of
Tokyo-Mitsubishi and other banks may be forced to write off as much as $56 billion of loans to Indonesian companies, or 70 percent of what they're owed, fund managers and analysts said yesterday.>

You can't get blood from a stone but you can keep extending the loans until the IMF bails you out.


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