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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Fortinwit who wrote (5644)	8/18/1998 10:24:00 PM
From: Ramsey Su	Read Replies (3) \| Respond to of 9980

Analysts fear Japan backing away from bad loan problem "They are willing to take the chance that the economy recovers and solves all." afp.com. if only we know how much this bad debt problem is, I am not sure if it is not a good idea. Having been directly involved in the RTC crisis, I think many of the institutions I know could have survived with more time. In the mean time, BOJ said something like they will probably not release the results of the current audits of the 19 banks to avoid disrupting the market. Great direction toward transparency. Ramsey