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


To: Paul Berliner who wrote (6328)9/10/1998 1:52:00 PM
From: Bosco  Read Replies (1) | Respond to of 9980
 
G'day all - dear Paul, what do you think about this one

biz.yahoo.com

But then, maybe it is not b/c she has no knack for credit analysis; rather, it is the 125% mortgage syndrome so prevalent in the subprime segment in this country.

best, Bosco



To: Paul Berliner who wrote (6328)9/10/1998 1:53:00 PM
From: Ron Bower  Read Replies (2) | Respond to of 9980
 
Paul,

"Ron, it'll break your heart to know that they're actually lending more than ever, especially to risky concerns in countries like Mexico."

You got to be kidding. In the face of a global recession?

Where do they get the money to lend? I have to think there's an outflow of deposits from the low interest rates and we know they are heavy on non-performing loans. Isn't there any restrictions on loans as a percentage of deposits?

I know US and Euro banks have heavy exposure in former Soviet block, Latin and South America, but how much to Japan's mess?

TIA,
Ron