SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (18326)7/2/1998 1:56:00 AM
From: Czechsinthemail  Respond to of 25960
 
I graduated from UC Berkeley in Econonics for whatever that's worth.

You sure that wasn't Ebomics?
:-)
Baird



To: Elroy Jetson who wrote (18326)7/2/1998 3:19:00 AM
From: pat mudge  Read Replies (1) | Respond to of 25960
 
As in the US, re-liquifying their banks will provide the basis for a sound recovery. Some will complain that this solution does not spoon out enough "market discipline" to prevent an re-occurance - but Japan is a different country and they are entitled to their own solutions.

UCBerkeley Economics qualifies. :)

Does the Japanese solution have to get official approval before it's put into effect?

I guess I"m wondering what the timing of reform will be. By the looks of the Asian markets tonight, they like the news.

stocksmart.com

Thanks for responding.

Pat



To: Elroy Jetson who wrote (18326)7/3/1998 3:58:00 PM
From: Clarksterh  Respond to of 25960
 
Elroy - Some will complain that this solution does not spoon out enough "market discipline" to prevent an re-occurance - but Japan is a different country and they are entitled to their own solutions.

Well I agree that they are entitled to do just about anything they want to solve (or not solve) their problems. But that is a long way from saying that the solution is one that works in the long term. If the banks that blew the money are allowed to stay in business, even with new managers, you are very very likely to suffer a repeat. Corporate cultures are hard to change.

Clark