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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: PaulM who wrote (18062)	9/8/1998 1:32:00 AM
From: Alex	Respond to of 116895

Derivatives seen to pose loss risk of 24 tril. yen ------------------------------------------------------------------------ Derivatives contracts held by Japan's 19 major banks could pose 24.21 trillion yen ($184.8 billion) in credit risk, should they collapse, according to a government document released Monday. The document, presented by the Financial Supervisory Agency (FSA) to the House of Representatives ad hoc committee on financial stabilization, estimates the credit risk for the troubled Long-Term Credit Bank of Japan (LTCB) alone stands at 1.09 trillion yen ($83.21 billion).