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To: exhon2004 who wrote (66237)10/12/1998 9:09:00 AM
From: Joseph Pareti  Read Replies (1) | Respond to of 186894
 
>he banks will be recapitalized
>with part of a 67 trillion yen plan.

unfortunately bad debts held by japanese
banks are 1tn bucks. Peanuts isn't it ?



To: exhon2004 who wrote (66237)10/12/1998 12:01:00 PM
From: Paul Engel  Respond to of 186894
 
Greg - Re: ". Japan is up due to collaborative talks being held between the LDP and opposition parties to solve the banking crisis. "

Looks like your analysis was correct - the world markets are all up at 9:00 AM PDT.

Paul