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To: ahhaha who wrote (13440)	6/18/1998 10:05:00 PM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 116858

ahhaha, I tried to discuss this with you politely and you answer with distortions of what I said and ad hominem insults. You are the only person on the planet who believes Japan does not have a banking crisis. Believe what you wish. Henry

To: ahhaha who wrote (13440)	6/18/1998 10:25:00 PM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 116858

ahhaha, I have a question for you. You state that you 'had close relations with several Japanese businessmen and economists since the early '80s.' and then you state 'I reiterate, the banking system problems are not problems'. My question is, given these statements could you explain why the Japanese banks are forced to pay a premium over what foreign banks pay in the Japanese money markets? Why are almost all Japanese banks unable to borrow at any rate in the euro markets? Why is Summers bringing the former head of the RTC with him to Japan? Henry