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: BGR who wrote (89170)	1/14/1999 7:50:00 AM
From: Lee	Read Replies (1) \| Respond to of 176387

Apratim,..Re:. the indirect impact via the banks, i.e. drying up of liquidity and hence credit, The banks have had since last August, if not longer, to make additional loan loss provisions and currency hedges for any possible Brazilian trouble. After the Russian devaluation, many took steps to become less leveraged in emerging markets and many also increased loss reserves. Since they already had a severe lesson then, and accompanying losses, don't you think that given the amount of time which has passed, that they took the necessary precautions with respect to Brazil? Regards, Lee