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To: Broken_Clock who wrote (20303)10/1/1998 6:22:00 PM
From: goldsnow  Respond to of 116782
 
"It is now painfully clear to most market experts that if the banks were forced to dispose of, or reserve against, a high fixed portion of their overall bad and problematic loans, and were forced to mark their securities portfolios to market, one would be hard pressed to identify a major bank with positive capital," said Mr James Fiorillo, banking analyst at ING Barings.

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