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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (31832)8/28/1998 5:00:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 132070
 
Read this <<In addition, Morgan has provided financing to non-Russian institutional investors and investment funds to invest in Russian assets. These financings are substantially supported by cash and U.S. Treasury collateral. >>
Go figure!
We have a direct exposure of $160 million (perhaps they will get 5 cdnts on the dollar) and then the indirect exposure is "substantially" supported by cash and US treasury collateral. How much margin they allowed in Russia?
-MMV



To: yard_man who wrote (31832)8/28/1998 9:22:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Tip, The banks are converting to honesty the way cons up for parole seem to suddenly find God. <G> BTW, don't forget about Latin America. Lots of bad loans down there for our overpriced teller fellers.

MB