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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (8748)10/2/1998 3:10:00 PM
From: Derrick P.  Respond to of 22640
 
Jim,
I guess if we follow the taxpayer's money it will land right on the laps of Citibank, Chase Manhattan et al., as it did in the 80's bailout.

Well I guess they need it. I think they are already hurting pretty bad after Asia and Russia. I'd hate to see them do a LTCM and evaporate. Personally I would like to see them suffer a little first though.

Derrick