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Notes On Banks' Moves & Prospects In Third World "debt Game"

LADB Article ID: 076109
Category/Department: General
Date: Thursday, September 17, 1987
By: John Neagle

According to Lenny Glynn in a recent article published in INSTITUTIONAL INVESTOR ("Taking the hit on LDC Debt," July 1987), Citibank's May 19 announcement of huge loss reserves changed the rules of the third world "debt game" for the duration. C...

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