On Sep 19, 4:43 am, gtr <x...@yyy.zzz> wrote:
> On 2007-09-17 21:08:53 -0700, Declan Murphy <declan_mur...@hotmail.com> said:
>
> > I noticed that the losses (somewhere along the lines of USD$2.5
> > billion) accummulated by Japan's amateur currency speculators ("kimono
> > clad Mrs Watanabe") in recent weeks has started to receive more
> > coverage in the foreign press. Anyone got any amusing/distressing
> > stories?
>
> Where are they speculating, and on what are they accrusing losses?

Margin trading using online currency accounts. There was a fairly good
summary of the problem in this article yesterday

http://www.smh.com.au/text/articles/2007/09/17/1189881432228.html