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Non-Tech : Dollar/yen ambush? -- Ignore unavailable to you. Want to Upgrade?


To: Alex who wrote (27)6/22/1998 12:51:00 PM
From: Bill Murphy  Read Replies (2) | Respond to of 95
 
Alex,
Good article.
My opinion is that last week was a watershed one and the tide has turned. Time will tell.
Bill



To: Alex who wrote (27)6/25/1998 6:57:00 AM
From: robnhood  Read Replies (1) | Respond to of 95
 
Alex,,

<<Japanese officials insist that it would be politically foolhardy for the
government to act before then, but that plans are secretly being drawn up
for unpopular measures such as using vast amounts of taxpayer funds to
relieve Japanese banks of hundreds of billions of dollars in loans that are not
being repaid. Japan plans to set up a government-funded institution to buy
bad loans from banks and dispose of the property that was used as
collateral.>>

There it is again, "using vast amounts of taxpayers funds"..<ggg>

russell