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To: Defrocked who wrote (5980)9/15/1998 9:32:00 AM
From: IceShark  Respond to of 86076
 
Deef,

"The Russian banking system is bankrupt. They have negative equity."

What 'cha expect when it is run by the KGB-Mafia? Just hope we don't poor any more money into their pockets. -ng-

Regards, IS



To: Defrocked who wrote (5980)9/15/1998 12:14:00 PM
From: Joseph G.  Read Replies (2) | Respond to of 86076
 
<< "The Russian banking system is bankrupt. They have negative equity.">>

One question comes to mind: do we know that the same is not true about US banking system? Or, the answer is "not yet"?

There is federal insurance, of course, but ...



To: Defrocked who wrote (5980)9/15/1998 1:41:00 PM
From: Investor2  Respond to of 86076
 
RE: "The Russian banking system is bankrupt. They have negative equity."

Hmmm, so the Russian banking system is in the same shape as three-fourths of the households in the USA? Now that's a scary thought.

Best wishes,

I2