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To: Kayaker who wrote (72710)	10/16/1998 9:16:00 PM
From: Mohan Marette	Respond to of 176387

IMF gets some cash and then some change. Bob: A bit of good news as we go forward from here,hope this will calm the markets some and restore some confidence in the economies/markets of the world.I have a feeling we may have seen the worst of it not only because of this but many others factors which we may have already discussed or will in the future I am sure. ===================== The United States will contribute $18 billion toward an international replenishment of the fund's coffers, which have been badly depleted over the past year by giant bailouts for Thailand, Indonesia, South Korea and other countries caught in the fast-spreading global financial crisis. When other member nations pony up their shares, the IMF will have $90 billion in what it calls new "usable resources" to lend financially strapped countries -- up from about $9 billion now. washingtonpost.com