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To: John Hunt who wrote (15995)7/12/1998 10:03:00 AM
From: Zeev Hed  Respond to of 18056
 
John: re: Wendy - Re your last post, I wonder if the Japanese bonds are already pledged to
back up their existing loans?"

Is this not the same as a "second mortgage", quite common in these parts <G>.

Zeev



To: John Hunt who wrote (15995)7/14/1998 7:02:00 AM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Russia, IMF Reach Bailout Agreement

washingtonpost.com

<< Russia won agreement from international lenders today for $22 billion in credits over the next 18 months, ending weeks of tense negotiations with the International Monetary Fund and easing a financial crisis that had threatened to trigger the collapse of the country's fragile market economy. >>