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wstera2

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Re: AKvetch post# 13172

Thursday, 08/08/2002 12:31:04 PM

Thursday, August 08, 2002 12:31:04 PM

Post# of 704019
Brazil bailout cheers bank investors
Fleet, Citigroup, J.P. Morgan Chase lead gainers

By Greg Morcroft, CBS.MarketWatch.com
Last Update: 12:24 PM ET Aug. 8, 2002

NEW YORK (CBS.MW) -- Banking industry stocks rallied Thursday after the International Monetary Fund agreed to provide debt-saddled Brazil with $30 billion in short-term loans, easing fears of credit defaults in Latin America's largest economy.......................

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&gui...

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