Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Thomas G. Busillo who wrote (73687)	10/21/1998 9:56:00 PM
From: Mohan Marette	Read Replies (3) \| Respond to of 176387

<Japan> Finally some action by the Japanese banks,pheeeew 'bout time! Tom: See what you think about this,I consider this as an extremely important move on the part of Japanese since the non-performing loans in the books have been identified as one of the major problems facing the Japanese economy.Good start I say. Source: Bloomberg Japan's Nine Major Commercial Banks to Write Off More Loans Japan's nine major commercial banks, or city banks, will together write off a total 1.3 billion yen in bad loans for the half year period through September, the Nihon Keizai newspaper said, without citing sources. That would be twice the amount they had initially planned to write off. The banks are increasing bad loan write-offs in response to rising number of corporate bankruptcies and a decline in land prices. (Nihon Keizai, front page)