Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (2017)	9/17/1998 11:54:00 AM
From: TokyoMex	Respond to of 19700

See what I mean ? 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.