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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alex who wrote (19871)	9/27/1998 10:06:00 AM
From: Pierre J. LeBel	Read Replies (1) \| Respond to of 116814

Alex, If you find it difficult to acquire collectible coins, maybe you should look into buying quality postage stamps. Pierre

To: Alex who wrote (19871)	9/27/1998 10:12:00 AM
From: lorne	Read Replies (1) \| Respond to of 116814

Dynamic equities seems to favor gold. investor1.com

To: Alex who wrote (19871)	9/27/1998 10:14:00 AM
From: long-gone	Respond to of 116814

That is what I was, one had a little(overpriced) gold out of silver eagles & maple leaves. the other was out of gold & silver maple leaves & had no gold coins of any sort. rh

To: Alex who wrote (19871)	9/27/1998 12:53:00 PM
From: Richnorth	Read Replies (1) \| Respond to of 116814

Business: The Company File Japan banking breakthrough imminent What to do about LTCB lies at the heart of Japan's banking problems Japan's political parties are close to a comprehensive agreement on plans to rescue the troubled Long-Term Credit Bank of Japan, one of the country's biggest lenders. Restoring confidence in the debt-laden banking sector is widely regarded as the key to reviving the Japanese economy. The governing Liberal Democratic Party has been meeting with the opposition Democratic Party and the Heiwa Kaikaku Party through Friday night into Saturday morning, and then again on Sunday to try to reach a compromise on a bill to clean-up the banking industry. However, both sides still have to agree details of the banking bail-out. A "financial revitalisation committee" with representatives from both government and opposition will decide whether public funds should be used to help sound but financially weak banks. Earlier, the LDP infuriated the opposition when it suggested to inject massive amounts of public money to prop up the LTCB. The new compromise envisages that the government will acquire all common shares of LTCB, effectively placing it under state control, the Nihon Keizai financial daily said. But a proposed merger between LTCB and Sumitomo Trust and Banking Co could still go through if Sumitomo purchased the shares from the government and made LTCB a subsidiary. However, talks still seem to be stalled over demands to take control of the banking sector away from the Financial Ministry. The opposition blames the Ministry for mishandling the crisis. Earlier in the week Prime Minister Keizo Obuchi had pledged progress on the issue in his summit with President Clinton. Debt-ridden banks The dispute centres over whether some banks should be taken over by the government if they become insolvent, or whether they should be bailed out by public funds but remain in private hands. Japan's banks are burdened by at least 87.5 trillion yen ($650bn) in bad loans, a problem that lies at the heart of the country's economic crisis. "The central question is how to recapitalise weak but viable banks," said John Neuffer, senior research fellow at the Misui Marine Research Institute. "That is the bottom line, but the opposition is digging its heels in. In terms of the most important point they are back to square one." Banks are under intense pressure to shore up their capital bases and must report their current health at the end of September. news.bbc.co.uk