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To: Mr. Stress who wrote (4095)9/17/1998 11:40:00 AM
From: TokyoMex  Read Replies (2) | Respond to of 119973
 
Problem with EGHT,,nervous day traders,, getting in at out ,,

I like our buy of ABTX at 11 5/8 better ,,



To: Mr. Stress who wrote (4095)9/17/1998 11:54:00 AM
From: TokyoMex  Respond to of 119973
 
Top News
Thu, 17 Sep 1998, 7:18am EDT
Japan's Ruling LDP Backs Takeover of Some Banks, Creating Bad-Debt Agency

Japan's LDP Proposes Nationalization of Troubled Banks

Tokyo, Sept. 17 (Bloomberg) -- Japan's ruling Liberal Democratic Party proposed nationalizing troubled banks in a concession that may pave the way to parliamentary approval of a bailout plan for the nation's debt-burdened banking system.

In a compromise proposal made to opposition leaders, the party proposed creation of a body similar to the U.S. Resolution Trust Corp. to take over problem loans, according to an LDP document.

The LDP also wants to set up an agency to oversee the industry independent of Finance Ministry control.

The party will present the proposal to opposition leaders later today.