Fri, Sep 08, 2000 - Page 17 News List

Rescue capital for stocks to be raised

POLICY The new government has nearly drained funds used to aid the stock market in times of need, causing fund managers to request a capital infusion

By Stanley Chou  /  STAFF REPORTER

Lee also questioned a recent media report that said a total of NT$280 billion will be added to the government funds.

"The added capital for the four funds will be NT$210 billion, not NT$280 billion," Lee said. "However, the capital in the government funds is public money, and it should not be used as a political tool by the new administration."

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