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To: MythMan who wrote (6382)9/18/1998 9:09:00 AM
From: Defrocked  Respond to of 86076
 
Summary note from The Economist:

+ Japan's rumbling BANKING CRISIS appeared to come to another head. While the government searches for a way to deal with the woes of Japan's worst banks, shares in Long-Term Credit Bank, one of Japan's largest and most troubled, fell to Yen19 (15 cents) at one point. Standard & Poor's, an American credit-rating agency, said that Japanese banks' bad and doubtful loans may add up to 30% of the country's GDP.




To: MythMan who wrote (6382)9/18/1998 9:31:00 AM
From: IceShark  Respond to of 86076
 
M[], I know. I have too much option money staked out on this market. It is driving me nuts and I need to lighten up.

Regards, IS