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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (16509)	9/25/1998 9:24:00 AM
From: Monty Lenard	Read Replies (1) \| Respond to of 18056

Wendy and I both scan the news a fair bit and post two or three of the more interesting items each day for those who have less time on their hands. And both of you come up with some great ones! Thanks! Monty

To: John Hunt who wrote (16509)	9/25/1998 8:28:00 PM
From: John Hunt	Read Replies (2) \| Respond to of 18056

Dresdner caught in LTCM net scmp.com << Germany's Dresdner Bank has emerged as the latest victim of investments in Long Term Capital Management (LTCM), the giant United States hedge fund being bailed out by a consortium of international banks. >> << "There is a very real danger here that we could be entering a meltdown phase globally for the banking sector," said one analyst. "After the Asian crisis, and the turmoil in Latin America, all you need to add to the pot is a complete lack of confidence in the world's financial institutions, to create an entire collapse of markets everywhere." >>