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Non-Tech : Shorting the Big Banks (e.g. JPM, BT, CMB, CCI) -- Ignore unavailable to you. Want to Upgrade?


To: BDR who wrote (116)9/18/1998 8:44:00 AM
From: BDR  Respond to of 268
 
newsday.com
Banks Warned Over Risky Loans

By PATRICIA LAMIELL AP Business Writer

NEW YORK (AP) -- A senior financial regulator is warning that U.S. banks are making more and more risky loans, a problem that could hurt banks in an economic downturn if more borrowers default.

>>>>>>>
I thought I just heard on the radio that the parties had reached an agreement on the banking situation, but AP is still reporting:

newsday.com
Japan Deadlocked Over Bank Bills

By MARTIN FACKLER Associated Press Writer

TOKYO (AP) -- After a night of fruitless negotiations, Japan's ruling and opposition parties struggled today to find a compromise on banking reform in time for Prime Minister Keizo Obuchi's visit to the United States next week.



To: BDR who wrote (116)9/18/1998 8:47:00 AM
From: BDR  Read Replies (1) | Respond to of 268
 
I heard correctly:

Friday September 18, 6:45 am Eastern Time

FOCUS-Japan parties clinch banking cleanup deal
biz.yahoo.com

By William Mallard

TOKYO, Sept 18 (Reuters) - Japan's ruling party and key opposition blocs on Friday clinched a hard-fought deal to fix the nation's ailing banking sector and put one of its largest banks under temporary
government control.