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To: John Hunt who wrote (26815)1/22/1999 5:47:00 PM
From: Enigma  Read Replies (1) | Respond to of 116764
 
American Family Radio is an arm of the American Family Association, headed by the Rev. Donald Wildmon, a prominent <<Christian activist >>

In the name of Christ do they purvey these lies - fair game PK? - would that were done to you and your wife, or family, by people who consider you a hypocrite or whatever. We have entered the open season of lack of compassion coupled with hatred. I know we are mostly decent people here but some should pause and think. dd



To: John Hunt who wrote (26815)1/23/1999 5:23:00 AM
From: John Hunt  Read Replies (2) | Respond to of 116764
 
Questions raised over lost $1b at failed Yi F Trading

<< Creditors yesterday called into question how $1 billion in assets could not be recovered from Yi F Trading, the Hong Kong investment arm of the Hubei provincial government that was last week put into liquidation.

The queries were raised as creditors - including about two dozen banks - were told at a meeting they might recover as little as 1.5 per cent of their money, based on figures from Yi F's directors.

The firm was estimated to have assets of $1.05 billion as of November 30 last year against $1.1 billion in liabilities. But the estimated realisable value of the assets was put at only $16.9 million.

The firm owed banks a total of $825.2 million. -- cont'd -- >>

scmp.com

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Bank of China unit in probe on deposit-taking

<< The Hong Kong Monetary Authority (HKMA) is looking into alleged unauthorised deposit-taking activities by Hong Kong Macau International Finance, which is controlled by the Bank of China. -- cont'd -- >>

scmp.com

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A billion here, a billion there and pretty soon you are talking 'big money'! :-))

Looking more and more like a lot of the 'assets' in Hong Kong and China are not worth the paper they are printed on. Is a Yuan or HK$ devaluation just around the corner?