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


To: Zeev Hed who wrote (6301)9/9/1998 4:19:00 PM
From: Paul Berliner  Respond to of 9980
 
Bingo Zeev, and the JPN banks were exposed massively to indonesia, the reigning king of off-balance sheet peril (but not for long).
Am I glad I live in the good 'ole USA with our stringent accounting standards. A bank's 10-K has to show off-balance sheet exposure according to U.S. GAAP. When Japan adopts 'em it'll be a horror show.



To: Zeev Hed who wrote (6301)9/9/1998 4:27:00 PM
From: Worswick  Read Replies (1) | Respond to of 9980
 
The Herstatt effect (cif. Paul Erdman)

cbs.marketwatch.com

My best to you,