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Author:McFadden, M.
Title:Personal investing Bank stocks and the Brazil factor
Journal:Fortune
1987 : MAR.30, No.7, p.83-85
Index terms:BANK LENDING
BRAZIL
FOREIGN DEBTS
Language:eng
Abstract:An analysis of the impact of Brazil suspending interest payments on seven major U.S. banks that have made huge loans to Latin American countries, how the writedowns would hit bank profits, the creation of speculative investment opportunities, how complete default would have major implications, ability of the banks to survive such a shock and a review of the Latin American countries ability to service the loans made, and discounting of debt.
SCIMA record nr: 68237
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