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To: Katherine Derbyshire who wrote (6427)7/30/1998 2:51:00 PM
From: Ramsey Su  Read Replies (1) | Respond to of 10921
 
Katherine,

The title of the article is "Japan Ready to Tackle Bad Banks, But Some Say Laws Are Too Vague",

I don't think the laws are vague. Based on everything that I have read since Obuchi, they are not going to let the banks fail. Sounds like good old boys are good old boys after all.

Ramsey



To: Katherine Derbyshire who wrote (6427)7/30/1998 5:10:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 10921
 
Katherine,

From Front Section, click on ASIA [in left hand column].

URL is: interactive.wsj.com

That gets you to the story:

Japan Ready to Tackle Bad Banks,
But Some Say Laws Are Too Vauge [sic]

By JATHON SAPSFORD
Staff Reporter of THE WALL STREET JOURNAL

TOKYO -- Japanese legislators will convene an emergency session of
Parliament Wednesday, and after voting in a new prime minister, they will
immediately begin deliberating draft laws to clean up this country's banking
mess.


Question: Did the Journal misspell VAGUE as VAUGE in the print edition too??? I would have expected better of the WSJ.

The abstract didn't contain the headline. Rather, it read, "Japanese legislators will begin
debating draft laws to eliminate the
nation's banking-sector difficulties. The
problem is that the proposed laws could
allow bad banks to stay in business.