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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (29091)	9/27/1998 8:20:00 AM
From: robnhood	Read Replies (1) \| Respond to of 94695

<<<Using Bank for International Settlement figures, this strategist estimated that the world's biggest banks lent more than 129 percent of their capital to global emerging markets, and so far about 30 percent of those loans are non-performing. ''If it's 30 percent, we've just wiped out half the world's bank capital,'' he said, to stress the severity of the impending credit crunch.>>> biz.yahoo.com