1Iran NNP B-NP 2announced VBD B-VP 3tonight NN B-NP 4that IN B-PP 5its NNS B-NP 6major JJ B-NP 7offensive NN I-NP 8against IN B-PP 9Iraq NNP B-NP 10in IN B-PP 11the DT B-NP 12Gulf NNP I-NP 13war NN I-NP 14had VBD B-VP 15ended VBN I-VP 16after IN B-PP 17dealing VBG B-VP 18savage JJ B-NP 19blows NNS I-NP 20against IN B-PP 21the DT B-NP 22Baghdad NNP I-NP 23government NN I-NP 24. . O 25The DT B-NP 26Iranian JJ I-NP 27news NN I-NP 28agency NN I-NP 29IRNA NNP I-NP 30, , O 31in IN B-PP 32a DT B-NP 33report NN I-NP 34received VBN B-VP 35in IN B-PP 36London NNP B-NP 37, , O 38said VBD B-VP 39the DT B-NP 40operation NN I-NP 41code-named VBN B-VP 42Karbala-5 CD B-NP 43launched VBD B-VP 44into IN B-PP 45Iraq NNP B-NP 46on IN B-PP 47January NNP B-NP 489 CD I-NP 49was VBD B-VP 50now RB B-ADVP 51over RP B-NP 52. . O 53It PRP B-NP 54quoted VBD B-VP 55a DT B-NP 56joint NN I-NP 57statewment NN I-NP 58by IN B-PP 59the DT B-NP 60Iranian JJ I-NP 61Army NNP I-NP 62and CC I-NP 63Revolutionary NNP I-NP 64Guards NNPS I-NP 65Corps NNP I-NP 66as IN B-PP 67saying VBG B-VP 68that IN B-SBAR 69their DT B-NP 70forces NNS I-NP 71had VBD B-VP 72" JJ B-NP 73dealt VBD B-VP 74one CD B-NP 75of IN B-PP 76the DT B-NP 77severest JJS I-NP 78blows NNS I-NP 79on IN B-PP 80the DT B-NP 81Iraqi JJ I-NP 82war NN I-NP 83machine NN I-NP 84in IN B-PP 85the DT B-NP 86history NN I-NP 87of IN B-PP 88the DT B-NP 89Iraq-imposed JJ I-NP 90war NN I-NP 91. . O 92" NN B-VP 93The DT B-NP 94statement NN I-NP 95by IN B-PP 96the DT B-NP 97Iranian JJ I-NP 98High NNP I-NP 99Command NNP I-NP 100appeared VBD B-VP 101to TO I-VP 102herald VB I-VP 103the DT B-NP 104close NN I-NP 105of IN B-PP 106an DT B-NP 107assault NN I-NP 108on IN B-PP 109the DT B-NP 110port JJ I-NP 111city NN I-NP 112of IN B-PP 113Basra NNP B-NP 114in IN B-PP 115southern JJ B-NP 116Iraq NNP I-NP 117. . O 118" NN B-VP 119The DT B-NP 120operation NN I-NP 121was VBD B-VP 122launched VBN I-VP 123at IN B-PP 124a DT B-NP 125time NN I-NP 126when WRB B-ADVP 127the DT B-NP 128Baghdad NNP I-NP 129government NN I-NP 130was VBD B-VP 131spreading VBG I-VP 132extensive JJ B-NP 133propaganda NN I-NP 134on IN B-PP 135the DT B-NP 136resistance NN I-NP 137power NN I-NP 138of IN B-PP 139its NNS B-NP 140army NN I-NP 141... NNS I-NP 142, , O 143" NNS B-NP 144said VBD B-VP 145the DT B-NP 146statement NN I-NP 147quoted VBN B-VP 148by IN B-PP 149IRNA NNP B-NP 150. . O 151It PRP B-NP 152claimed VBD B-VP 153massive JJ B-NP 154victories NNS I-NP 155in IN B-PP 156the DT B-NP 157seven-week NN I-NP 158offensive NN I-NP 159and CC O 160called VBN B-VP 161on IN B-PP 162supporters NNS B-NP 163of IN B-SBAR 164Baghdad NNP B-NP 165to TO B-VP 166" VB I-VP 167come VBN I-VP 168to TO B-PP 169their IN B-NP 170senses JJ I-NP 171" NNS I-NP 172and CC O 173discontinue VB B-VP 174support NN B-NP 175for IN B-PP 176what WP B-NP 177it PRP B-NP 178called VBD B-VP 179the DT B-NP 180tottering VBG I-NP 181regime NN I-NP 182in IN B-PP 183Iraq NNP B-NP 184. . I-NP 185Iran NNP I-NP 186said VBD B-VP 187its NNS B-NP 188forces NNS I-NP 189had VBD B-VP 190" CD B-NP 191liberated JJ I-NP 192" NN I-NP 193155 CD I-NP 194square JJ I-NP 195kilometers NNS I-NP 196of IN B-PP 197enemy-occupied JJ-occupied B-NP 198territory NN I-NP 199during IN B-PP 200the DT B-NP 2011987 CD I-NP 202offensive NN I-NP 203and CC O 204taken VBN B-VP 205over IN B-PP 206islands NNS B-NP 207, , O 208townships NNS B-NP 209, , O 210rivers NNS B-NP 211and CC O 212part NN B-NP 213of IN B-PP 214a DT B-NP 215road NN I-NP 216leading VBG B-VP 217into IN B-PP 218Basra NNP B-NP 219. . O 220The DT B-NP 221Iranian JJ I-NP 222forces NNS I-NP 223" NNS I-NP 224are VBP B-VP 225in IN B-PP 226full JJ B-NP 227control NN I-NP 228of IN B-PP 229these DT B-NP 230areas NNS I-NP 231, , O 232" NNS B-NP 233the DT B-NP 234statement NN I-NP 235said VBD B-VP 236. . O 237It PRP B-NP 238said VBD B-VP 23981 CD B-NP 240Iraqi JJ I-NP 241brigades NNS I-NP 242and CC I-NP 243battalions NNS I-NP 244were VBD B-VP 245totally RB I-VP 246destroyed VBN I-VP 247, , O 248along IN B-ADVP 249with IN B-PP 250700 CD B-NP 251tanks NNS I-NP 252and CC O 2531,500 CD B-NP 254other JJ I-NP 255vehicles NNS I-NP 256. . O 257The DT B-NP 258victory NN I-NP 259list NN I-NP 260also RB B-ADVP 261included VBD B-VP 26280 CD B-NP 263warplanes NNS I-NP 264downed VBD B-VP 265, , O 266250 CD B-NP 267anti- - I-NP 268aircraft NN I-NP 269guns NNS I-NP 270and CC O 271400 CD B-NP 272pieces NNS I-NP 273of IN B-PP 274military JJ B-NP 275hardware NN I-NP 276destroyed VBN B-VP 277and CC O 278the DT B-NP 279seizure NN I-NP 280of IN B-PP 281220 CD B-NP 282tanks NNS I-NP 283and CC O 284armoured JJ B-NP 285personnel NNS I-NP 286carriers NNS I-NP 287. . O 288U.S. NNP O 289bank NN I-NP 290discount NN I-NP 291window RB I-NP 292borrowings NNS I-NP 293less NNS I-NP 294extended VBN B-NP 295credits NN I-NP 296averaged VBD B-VP 297310 CD B-NP 298mln NN I-NP 299dlrs NN I-NP 300in IN B-PP 301the DT B-NP 302week NN I-NP 303to TO B-PP 304Wednesday NNP B-NP 305February NNP I-NP 30625 CD I-NP 307, , O 308the DT B-NP 309Federal JJ I-NP 310Reserve NNP I-NP 311said VBD B-VP 312. . O 313The DT B-NP 314Fed JJ I-NP 315said VBD B-VP 316that IN B-SBAR 317overall JJ B-NP 318borrowings NNS I-NP 319in IN B-PP 320the DT B-NP 321week NN I-NP 322fell MD B-VP 323131 CD B-NP 324mln NN I-NP 325dlrs NN I-NP 326to TO B-PP 327614 CD B-NP 328mln NN I-NP 329dlrs NN I-NP 330, , O 331with IN B-PP 332extended VBN B-NP 333credits NN I-NP 334up IN B-PP 33510 CD B-NP 336mln NN I-NP 337dlrs NN I-NP 338at IN B-PP 339304 CD B-NP 340mln NN I-NP 341dlrs NN I-NP 342. . O 343The DT B-NP 344week NN I-NP 345was VBD B-VP 346the DT B-NP 347second NN I-NP 348half NN I-NP 349of IN B-PP 350a DT B-NP 351two-week NN I-NP 352statement NN I-NP 353period. NNS I-NP 354Net VBD B-VP 355borrowings NNS B-NP 356in IN B-PP 357the DT B-NP 358prior NN I-NP 359week NN I-NP 360averaged RB B-NP 361451 CD I-NP 362mln NN I-NP 363dlrs NN I-NP 364. . O 365Commenting NNP O 366on IN B-PP 367the DT B-NP 368two-week NN I-NP 369statement NN I-NP 370period NNS I-NP 371ended VBD B-VP 372February NNP B-NP 37325 CD I-NP 374, , O 375the DT B-NP 376Fed NNP I-NP 377said VBD B-VP 378that NN B-SBAR 379banks NNS B-NP 380had VBD B-VP 381average JJ B-NP 382net NN I-NP 383free JJ I-NP 384reserves NN I-NP 385of IN B-PP 386644 CD B-NP 387mln NN I-NP 388dlrs NN I-NP 389a DT B-NP 390day NN I-NP 391, , O 392down IN B-PP 393from JJ B-NP 3941.34 NN I-NP 395billion NN I-NP 396two RB B-NP 397weeks NNS I-NP 398earlier IN B-ADVP 399. . O 400A RB B-ADJP 401Federal JJ I-ADJP 402Reserve . B-NP 403spokesman NN B-VP 404told VBN I-VP 405a DT B-NP 406press NN I-NP 407briefing VBG B-VP 408that IN B-SBAR 409there EX B-NP 410were VBD B-VP 411no RB B-NP 412large JJ I-NP 413single NN I-NP 414day NN I-NP 415net RB I-NP 416misses NNS I-NP 417in IN B-PP 418the DT B-NP 419Fed's default I-NP 420reserve NN I-NP 421projections NNS I-NP 422in IN B-PP 423the DT B-NP 424week NN I-NP 425to TO B-PP 426Wednesday NNP B-NP 427. . I-NP 428He NNP I-NP 429said VBD B-VP 430that NN B-NP 431natural JJ I-NP 432float NN I-NP 433had VBD B-VP 434been VBN I-VP 435" NN B-NP 436acting VBG B-VP 437a DT B-NP 438bit NN I-NP 439strangely RB B-VP 440" VBN I-VP 441for IN B-PP 442this DT B-NP 443time NN I-NP 444of IN B-PP 445year NN B-NP 446, , O 447noting VBG B-VP 448that IN B-SBAR 449there EX B-NP 450had VBD B-VP 451been VBN I-VP 452poor JJ B-NP 453weather NN I-NP 454during IN B-PP 455the DT B-NP 456latest JJ I-NP 457week NN I-NP 458. . O 459The DT B-NP 460spokesman NN I-NP 461said VBD B-VP 462that IN B-SBAR 463natural JJ B-NP 464float NN I-NP 465ranged VBN B-VP 466from IN B-PP 467under IN B-NP 468500 CD I-NP 469mln NN I-NP 470dlrs NN I-NP 471on IN B-PP 472Friday NNP B-NP 473, , O 474for IN B-PP 475which NNP B-NP 476he NN B-NP 477could VBN B-VP 478give JJ B-NP 479no RB I-NP 480reason NN I-NP 481, , O 482to TO B-PP 483nearly JJ B-NP 484one CD I-NP 485billion IN B-PP 486dlrs NN B-NP 487on IN B-PP 488both NN B-NP 489Thursday default B-NP 490and CC O 491Wednesday default B-NP 492. . O 493The DT B-NP 494Fed JJ I-NP 495spokeman NN I-NP 496could VBN B-VP 497give JJ B-NP 498no NN I-NP 499reason NN I-NP 500for IN B-PP 501Thursday's NNP B-NP 502high NN I-NP 503float NNS I-NP 504, , O 505but NNS B-NP 506he DT B-NP 507said VBD B-VP 508that IN B-PP 509about NN B-NP 510750 CD I-NP 511mln NN I-NP 512dlrs NN I-NP 513of IN B-PP 514Wednesday's NNP B-NP 515float NN I-NP 516figure NNS I-NP 517was VBD B-VP 518due VBD I-VP 519to TO I-VP 520holdover VB I-VP 521and CC O 522transportation NN B-VP 523float IN B-PRT 524at IN B-PP 525two NN B-NP 526widely WDT I-NP 527separated VBN B-VP 528Fed VBN B-NP 529districts NNS I-NP 530. . O 531For NNP O 532the DT B-NP 533week NN I-NP 534as IN B-PP 535a DT B-NP 536whole NN I-NP 537, , O 538he DT B-NP 539said VBD B-VP 540that IN B-SBAR 541float NN B-NP 542related VBN B-VP 543as IN B-PP 544of NNP B-NP 545adjustments NNS I-NP 546were VBD B-VP 547" RB B-ADJP 548small JJ I-ADJP 549, , O 550" IN B-PP 551adding VBG B-VP 552that IN B-SBAR 553they NN B-NP 554fell NN I-NP 555to TO B-PP 556a DT B-NP 557negative JJ I-NP 558750 CD I-NP 559mln NN I-NP 560dlrs NN I-NP 561on IN B-PP 562Tuesday NNP B-NP 563due NN I-NP 564to TO B-PP 565a DT B-NP 566number NN I-NP 567of IN B-PP 568corrections NN B-NP 569for IN B-PP 570unrelated VBN B-NP 571cash NN I-NP 572letter IN B-PP 573errors NNS B-NP 574in IN B-PP 575six JJ B-NP 576districts NNS I-NP 577around IN B-PP 578the DT B-NP 579country NN I-NP 580. . O 581The DT B-NP 582spokesman NN I-NP 583said VBD B-VP 584that NN B-NP 585on IN B-PP 586both JJ B-NP 587Tuesday NNP I-NP 588and CC I-NP 589Wednesday NNP B-NP 590, , O 591two IN B-PP 592different JJ B-NP 593clearing NN I-NP 594banks NNS I-NP 595had VBD B-VP 596system JJ B-NP 597problems NNS I-NP 598and CC O 599the DT B-NP 600securities NNS I-NP 601and CC I-NP 602Federal JJ I-NP 603funds NNS I-NP 604wires NNS I-NP 605had VBD B-VP 606to TO I-VP 607be VB I-VP 608held VBN I-VP 609open JJ B-NP 610until NNS I-NP 611about IN B-PP 6122000 CD B-NP 613or NNP I-NP 6142100 CD I-NP 615EST NNS I-NP 616on IN B-PP 617both JJ B-NP 618days NN I-NP 619. . O 620However NNP B-NP 621, , O 622he CD B-NP 623said VBD B-VP 624that IN B-SBAR 625both NNP B-NP 626problems NN I-NP 627were VBD B-VP 628cleared VBN I-VP 629up IN B-ADVP 630during VBG B-VP 631both IN B-PP 632afternoons NNS B-NP 633and CC O 634there DT B-NP 635was VBD B-VP 636no RB B-ADJP 637evidence JJ I-ADJP 638of IN B-PP 639any DT B-NP 640reserve JJ I-NP 641impact NN I-NP 642. . O 643During VBG B-VP 644the DT B-NP 645week NN I-NP 646ended VBN B-VP 647Wednesday NNP B-NP 648, , O 64945 CD B-NP 650pct NN I-NP 651of IN B-PP 652net JJ B-NP 653discount NN I-NP 654window NN I-NP 655borrowings NNS I-NP 656were VBD B-VP 657made JJ B-ADJP 658by IN B-PP 659the DT B-NP 660smallest NN I-NP 661banks NNS I-NP 662, , O 663with IN B-PP 66430 CD B-NP 665pct NN I-NP 666by IN B-PP 667the DT B-NP 66814 CD I-NP 669large RB I-NP 670money JJ I-NP 671center NN I-NP 672banks NNS I-NP 673and CC O 67425 CD B-NP 675pct NN I-NP 676by IN B-PP 677large JJ B-NP 678regional NN I-NP 679institutions NNS I-NP 680. . O 681On NNP B-NP 682Wednesday NNP I-NP 683, , O 68455 CD B-NP 685pct NN I-NP 686of IN B-PP 687the DT B-NP 688borrowing NN I-NP 689was VBD B-VP 690accounted VBN I-VP 691for IN B-PP 692by IN B-PP 693the DT B-NP 694money NN I-NP 695center NN I-NP 696banks NNS I-NP 697, , O 698with IN B-PP 69930 CD B-NP 700pct NN I-NP 701by IN B-PP 702the DT B-NP 703large JJ I-NP 704regionals NN I-NP 705and CC O 70615 CD B-NP 707pct NN I-NP 708by IN B-PP 709the DT B-NP 710smallest JJ I-NP 711banks NNS I-NP 712. . O 713The DT B-NP 714Fed JJ I-NP 715spokesman NN I-NP 716said VBD B-VP 717the DT B-NP 718banking NN I-NP 719system IN B-NP 720had VBD B-VP 721excess VBZ B-NP 722reserves NN I-NP 723on IN B-PP 724Thursday NNP B-NP 725, , O 726Monday NNP B-NP 727and CC I-NP 728Tuesday NNP I-NP 729and CC O 730a DT B-NP 731deficit NN I-NP 732on IN B-PP 733Friday NNP B-NP 734and CC O 735Wedndsday NNP B-NP 736. . I-NP 737That NNP I-NP 738produced VBD B-VP 739a DT B-NP 740small JJ I-NP 741daily NN I-NP 742average JJ I-NP 743deficit NN I-NP 744for IN B-PP 745the DT B-NP 746week NN I-NP 747as IN B-PP 748a DT B-NP 749whole NN I-NP 750. . B-VP 751For NNP B-PP 752the DT B-NP 753two-week NN I-NP 754period NNS I-NP 755, , O 756he NNS B-NP 757said VBD B-VP 758there EX B-NP 759were VBD B-VP 760relatively JJ B-NP 761high NN I-NP 762excess VBZ B-VP 763reserves NN B-NP 764on IN B-PP 765a DT B-NP 766daily JJ I-NP 767avearge NN I-NP 768, , O 769almost IN B-PP 770all DT B-NP 771of IN B-PP 772which CD B-NP 773were VBD B-VP 774at IN B-PP 775the DT B-NP 776smallest JJ I-NP 777banks NNS I-NP 778. . O 779Reuter IN B-PP 780 CD B-NP 781American RB I-NP 782Express JJ I-NP 783Co NNP I-NP 784remained VBN I-NP 785silent NN I-NP 786on IN B-PP 787market NN B-NP 788rumors NN I-NP 789it PRP B-NP 790would VBD B-VP 791spinoff IN B-PP 792all DT B-NP 793or JJ I-NP 794part NN I-NP 795of IN B-PP 796its NNS B-NP 797Shearson NNP I-NP 798Lehman NNP I-NP 799Brothers NNS I-NP 800Inc NNP I-NP 801, , O 802but IN B-SBAR 803some DT B-NP 804analysts NNS I-NP 805said VBD B-VP 806the DT B-NP 807company NN I-NP 808may NN I-NP 809be VB B-VP 810considering NN B-NP 811such IN B-PP 812a DT B-NP 813move JJ I-NP 814because NN I-NP 815it PRP B-NP 816is VBZ B-VP 817unhappy NN B-NP 818with IN B-PP 819the DT B-NP 820market JJ I-NP 821value NN I-NP 822of IN B-PP 823its NNS B-NP 824stock NN I-NP 825. . B-ADVP 826American RB B-NP 827Express JJ I-NP 828stock NN I-NP 829got NN I-NP 830a DT B-NP 831lift NN I-NP 832from WRB B-ADVP 833the DT B-NP 834rumor NN I-NP 835, , O 836as IN B-SBAR 837the DT B-NP 838market NN I-NP 839calculated VBN B-VP 840a DT B-NP 841partially JJ I-NP 842public NN I-NP 843Shearson IN B-PP 844may NN B-NP 845command VBN B-VP 846a DT B-NP 847good JJ I-NP 848market NN I-NP 849value NN I-NP 850, , O 851thereby IN B-PP 852boosting VBG B-VP 853the DT B-NP 854total JJ I-NP 855value NN I-NP 856of IN B-PP 857American NNP B-NP 858Express default I-NP 859. . O 860The DT B-NP 861rumor NN I-NP 862also NN I-NP 863was VBD B-VP 864accompanied VBN I-VP 865by IN B-PP 866talk NN B-NP 867the DT B-NP 868financial JJ I-NP 869services NNS I-NP 870firm IN B-PP 871would JJ B-NP 872split NN I-NP 873its NNS I-NP 874stock IN B-PP 875and CC O 876boost JJ B-NP 877its NNS I-NP 878dividend VBD B-VP 879. . O 880American RB O 881Express VBZ B-VP 882closed VBN I-VP 883on IN B-PP 884the DT B-NP 885New JJ I-NP 886York NNP I-NP 887Stock NNP I-NP 888Exchange VBD B-VP 889at IN B-PP 89072-5/8 CD B-NP 891, , O 892up IN B-PP 8934-1/8 NN B-NP 894on IN B-PP 895heavy NN B-NP 896volume default I-NP 897. . B-ADVP 898American RB B-ADJP 899Express JJ I-ADJP 900would VBD B-VP 901not IN B-PP 902comment NN B-NP 903on IN B-PP 904the DT B-NP 905rumors NN I-NP 906or IN B-PP 907its NNS B-NP 908stock NN I-NP 909activity NN I-NP 910. . O 911Analysts NNS B-NP 912said VBD B-VP 913comments VBN I-VP 914by IN B-PP 915the DT B-NP 916company NN I-NP 917at IN B-PP 918an DT B-NP 919analysts' NN I-NP 920meeting VBG B-VP 921Tuesday default B-NP 922helped VBN I-NP 923fuel JJ B-NP 924the DT I-NP 925rumors NN I-NP 926as IN B-PP 927did NN B-NP 928an DT B-NP 929announcement JJ I-NP 930yesterday NN I-NP 931of IN B-PP 932management JJ B-NP 933changes NNS I-NP 934. . O 935At RB O 936the DT B-NP 937meeting VBG I-NP 938, , I-NP 939company NN I-NP 940officials IN B-NP 941said VBD B-VP 942American RB B-NP 943Express JJ I-NP 944stock NN I-NP 945is VBZ B-VP 946undervalued VBN I-VP 947and CC O 948does NNS B-VP 949not NN B-NP 950fully NN I-NP 951reflect NN B-VP 952the DT B-NP 953performance NN I-NP 954of IN B-PP 955Shearson NNP B-NP 956, , O 957according IN B-PP 958to TO B-PP 959analysts NNS B-NP 960. . O 961Yesterday NNP B-NP 962, , O 963Shearson NNP B-NP 964said VBD B-VP 965it PRP B-NP 966was VBD B-VP 967elevating VBG I-VP 968its NNS B-NP 969chief NNP I-NP 970operating VBG I-NP 971officer IN I-NP 972, , O 973Jeffery NNP B-NP 974Lane NNP I-NP 975, , O 976to TO B-PP 977the DT B-NP 978added JJ I-NP 979position NN I-NP 980of IN B-PP 981president NN B-NP 982, , O 983which IN B-NP 984had VBD B-VP 985been VBN I-VP 986vacant NN B-NP 987. . O 988It PRP B-NP 989also RB I-VP 990created VBN I-VP 991four IN B-PP 992new JJ B-NP 993positions NNS I-NP 994for IN B-PP 995chairmen NN B-NP 996of IN B-PP 997its NNS B-NP 998operating VBG I-NP 999divisions NNS I-NP 1000. . O 1001Analysts NNS B-NP 1002speculated VBD B-VP 1003a DT B-NP 1004partial JJ I-NP 1005spinoff NNP I-NP 1006would VBD B-VP 1007make NN B-NP 1008most NN I-NP 1009sense NNS I-NP 1010, , O 1011contrary JJ B-ADJP 1012to TO B-PP 1013one CD B-NP 1014variation NN I-NP 1015on IN B-PP 1016market JJ B-NP 1017rumors NN I-NP 1018of IN B-PP 1019a DT B-NP 1020total JJ I-NP 1021spinoff NNP I-NP 1022. . O 1023Some DT B-NP 1024analysts NNS I-NP 1025, , O 1026however NNS B-NP 1027, , O 1028disagreed VBD B-VP 1029that IN B-PP 1030any JJ B-NP 1031spinoff NN I-NP 1032of IN B-PP 1033Shearson NNP B-NP 1034would VBD B-VP 1035be VB I-VP 1036good NN B-NP 1037since IN B-SBAR 1038it PRP B-NP 1039is VBZ B-VP 1040a DT B-NP 1041strong VBG I-NP 1042profit NN I-NP 1043center NN I-NP 1044for IN B-PP 1045American NNP B-NP 1046Express NNS I-NP 1047, , O 1048contributing VBG B-VP 1049about IN B-NP 105020 CD I-NP 1051pct NN I-NP 1052of IN B-PP 1053earnings NNS B-NP 1054last JJ B-NP 1055year NN I-NP 1056. . O 1057" NN B-NP 1058I IN B-PP 1059think NN B-NP 1060it PRP B-NP 1061is VBZ B-VP 1062highly RB O 1063unlikely JJ B-NP 1064that NN I-NP 1065American RB B-NP 1066Express JJ I-NP 1067is VBZ B-VP 1068going VBG I-VP 1069to TO B-PP 1070sell JJ B-NP 1071shearson NN I-NP 1072, , O 1073" IN B-NP 1074said VBD B-VP 1075Perrin CD B-NP 1076Long VBG I-NP 1077of IN B-PP 1078Lipper NNP B-NP 1079Analytical default I-NP 1080. . O 1081He JJ I-VP 1082questioned VBD I-VP 1083what IN B-NP 1084would VBN B-VP 1085be VB I-VP 1086a DT B-NP 1087better NN I-NP 1088investment NN I-NP 1089than NN I-NP 1090" RB B-NP 1091a DT I-NP 1092very NN I-NP 1093profitable NN I-NP 1094securities NNS I-NP 1095firm IN B-PP 1096. . B-NP 1097" NN I-NP 1098Several JJ I-NP 1099analysts NNS I-NP 1100said VBD B-VP 1101American RB B-ADJP 1102Express JJ I-ADJP 1103is VBZ B-VP 1104not RB O 1105in IN B-PP 1106need JJ B-NP 1107of IN B-PP 1108cash NNP B-NP 1109, , O 1110which IN B-PP 1111might NN B-NP 1112be VB B-VP 1113the DT B-NP 1114only JJ I-NP 1115reason NN I-NP 1116to TO B-VP 1117sell JJ I-VP 1118a DT B-NP 1119part NN I-NP 1120of IN B-PP 1121a DT B-NP 1122strong NN I-NP 1123asset IN B-PP 1124. . B-NP 1125But JJ I-NP 1126others NNS I-NP 1127believe VBP B-VP 1128the DT B-NP 1129company NN I-NP 1130could VBN B-VP 1131very JJ B-ADVP 1132well RB B-ADVP 1133of IN B-ADVP 1134considered VBD B-VP 1135the DT B-NP 1136option NN I-NP 1137of IN B-PP 1138spinning VBG B-VP 1139out JJ B-NP 1140part NN I-NP 1141of IN B-PP 1142Shearson NNP B-NP 1143, , O 1144and CC O 1145one JJ B-NP 1146rumor NN I-NP 1147suggests NNS I-NP 1148selling VBG B-VP 1149about IN B-NP 115020 CD I-NP 1151pct NN I-NP 1152of IN B-PP 1153it PRP B-NP 1154in IN B-PP 1155the DT B-NP 1156market NN I-NP 1157. . O 1158Larry JJ O 1159Eckenfelder . O 1160of IN B-PP 1161Prudential-Bache DT B-NP 1162Securities NNS I-NP 1163said VBD B-VP 1164he DT B-NP 1165believes NN I-NP 1166American RB B-VP 1167Express VBN I-VP 1168could VBN I-VP 1169have VBP B-VP 1170considered VBN I-VP 1171a DT B-NP 1172partial JJ I-NP 1173spinoff NN I-NP 1174in IN B-PP 1175the DT B-NP 1176past NN I-NP 1177. . O 1178" IN B-PP 1179Shearson NNP B-NP 1180being NN I-NP 1181as IN B-PP 1182profitable NN B-NP 1183as IN B-SBAR 1184it PRP B-NP 1185is VBZ B-VP 1186would VBD I-VP 1187have VBP I-VP 1188fetched VBN I-VP 1189a DT B-NP 1190big NN I-NP 1191premium NN I-NP 1192in IN B-PP 1193the DT B-NP 1194market NN I-NP 1195place. NN I-NP 1196Shearson's NNP I-NP 1197book NN I-NP 1198value NN I-NP 1199is VBZ B-VP 1200in IN B-PP 1201the DT B-NP 12021.4 CD I-NP 1203mln NN I-NP 1204dlr IN B-PP 1205range NN B-NP 1206. . O 1207Shearson NNP O 1208in IN B-PP 1209the DT B-NP 1210market NN I-NP 1211place NN I-NP 1212would MD B-VP 1213probably RB I-VP 1214be VB I-VP 1215worth RB B-ADVP 1216three DT B-NP 1217to TO I-NP 12183.5 CD I-NP 1219bilion NN I-NP 1220dlrs NN I-NP 1221in IN B-PP 1222terms NN B-NP 1223of IN B-PP 1224market JJ B-NP 1225capitalization NN I-NP 1226, , O 1227" IN B-NP 1228said VBD B-VP 1229Eckenfelder CD B-NP 1230. . O 1231Some DT B-NP 1232analysts NNS I-NP 1233said VBD B-VP 1234American RB B-NP 1235Express JJ I-NP 1236could VBN B-VP 1237use IN B-PP 1238capital JJ B-NP 1239since NN I-NP 1240it PRP B-NP 1241plans VBD B-VP 1242to TO I-VP 1243expand NNS B-NP 1244globally JJ B-ADJP 1245. . O 1246" NNS B-VP 1247They NNP B-NP 1248have VBP B-VP 1249enormous NNS B-NP 1250internal JJ B-NP 1251growth NNS I-NP 1252plans NNS I-NP 1253that IN B-PP 1254takes NNS B-NP 1255capital JJ B-ADJP 1256. . O 1257You NNP B-NP 1258want NN I-NP 1259your NN I-NP 1260stock RB B-ADVP 1261to TO B-PP 1262reflect JJ B-NP 1263realistic NN I-NP 1264valuations NNS I-NP 1265to TO B-PP 1266enhance JJ B-NP 1267your NN I-NP 1268ability NN I-NP 1269to TO B-PP 1270make JJ B-NP 1271all DT I-NP 1272kinds NN I-NP 1273of IN B-PP 1274endeavors NNS B-NP 1275down IN B-PP 1276the DT B-NP 1277road NN I-NP 1278, , O 1279" IN B-NP 1280said VBD B-VP 1281E.F. CD B-NP 1282Hutton NNP I-NP 1283Group NNP I-NP 1284analyst IN B-PP 1285Michael default B-NP 1286Lewis default I-NP 1287. . B-NP 1288" NN I-NP 1289They've DT B-NP 1290outlined VBD B-VP 1291the DT B-NP 1292fact NN I-NP 1293that IN B-SBAR 1294they're DT B-NP 1295investing VBG I-NP 1296heavily NN I-NP 1297in IN B-PP 1298the DT B-NP 1299future NNS I-NP 1300, , O 1301which IN B-PP 1302goes NNS B-NP 1303heavily NN I-NP 1304into IN B-PP 1305the DT B-NP 1306international JJ I-NP 1307arena, NN I-NP 1308" NN I-NP 1309said VBD B-VP 1310Lewis CD B-NP 1311. . O 1312" default B-VP 1313. . I-VP 1314..That . O 1315does NNS B-VP 1316not NN B-NP 1317preclude NN I-NP 1318acquisitions NNS I-NP 1319and CC O 1320divestitures NNS B-NP 1321along IN B-PP 1322the DT B-NP 1323way NN I-NP 1324, , O 1325" IN B-PP 1326he DT B-NP 1327said VBD I-NP 1328. . O 1329Lewis VBZ O 1330said VBD B-VP 1331if CD B-NP 1332American RB I-NP 1333Express JJ I-NP 1334reduced VBN I-NP 1335its NNS I-NP 1336exposure NN I-NP 1337to TO B-PP 1338the DT B-NP 1339brokerage NN I-NP 1340business NNS I-NP 1341by IN B-PP 1342selling VBG B-VP 1343part NN B-NP 1344of IN B-PP 1345shearson NN B-NP 1346, , O 1347its NNS B-NP 1348stock NN I-NP 1349might NN I-NP 1350better IN B-PP 1351reflect NN B-NP 1352other IN B-PP 1353assets NNS B-NP 1354, , O 1355such NNS B-NP 1356as IN B-PP 1357the DT B-NP 1358travel NN I-NP 1359related VBN I-NP 1360services NNS I-NP 1361business NNS I-NP 1362. . O 1363" NN B-VP 1364It PRP B-NP 1365could VBD B-VP 1366find CD B-NP 1367its NNS I-NP 1368true VBD B-VP 1369water IN B-PP 1370mark NN B-NP 1371with IN B-PP 1372a DT B-NP 1373lesser JJ I-NP 1374exposure NN I-NP 1375to TO B-VP 1376brokerage VB I-VP 1377. . O 1378The DT B-NP 1379value NN I-NP 1380of IN B-PP 1381the DT B-NP 1382other NN I-NP 1383components NNP-named I-NP 1384could VBN B-VP 1385command VBN I-VP 1386a DT B-NP 1387higher NN I-NP 1388multiple WRB B-ADVP 1389because NN B-NP 1390they NN I-NP 1391constitute VBD B-VP 1392a DT B-NP 1393higher NN I-NP 1394percentage NN I-NP 1395of IN B-PP 1396the DT B-NP 1397total NN I-NP 1398operating IN B-PP 1399earnings NNS B-NP 1400of IN B-PP 1401the DT B-NP 1402company NN I-NP 1403, , O 1404" IN B-PP 1405he DT B-NP 1406said VBD I-NP 1407. . O 1408Lewis VBZ O 1409said VBD B-VP 1410Shearson CD B-NP 1411contributed VBN B-VP 1412316 CD B-NP 1413mln NN I-NP 1414in IN B-PP 1415after-tax JJ B-NP 1416operating VBG I-NP 1417earnings NNS I-NP 1418, , O 1419up NNS B-NP 1420from IN B-PP 1421about NN B-NP 1422200 CD I-NP 1423mln NN I-NP 1424dlrs NN I-NP 1425in IN B-PP 14261985 default B-NP 1427. . O 1428Reuter IN B-PP 1429 CD B-NP 1430Coleco NNP I-NP 1431Industries NNP I-NP 1432Inc NNP I-NP 1433said VBD B-VP 1434it PRP B-NP 1435expects NNS B-VP 1436to TO B-NP 1437return JJ I-VP 1438to TO B-PP 1439profitability NN B-NP 1440in IN B-PP 14411987 default B-NP 1442. . O 1443Earlier NNP B-NP 1444, , O 1445Coleco NNP B-NP 1446reported VBN B-VP 1447a DT B-NP 1448net JJ I-NP 1449loss CD I-NP 1450of IN B-PP 1451111.2 CD B-NP 1452mln NN I-NP 1453dlrs NN I-NP 1454for IN B-PP 1455the DT B-NP 1456year NN I-NP 1457ended VBN B-VP 1458December IN B-PP 145931 CD B-NP 1460compared VBN B-VP 1461to TO B-PP 1462a DT B-NP 1463profit NN I-NP 1464of IN B-PP 146564.2 CD B-NP 1466mln NN I-NP 1467dlrs NN I-NP 1468in IN B-PP 1469the DT B-NP 1470year NN I-NP 1471earlier IN B-PP 1472. . B-NP 1473In IN B-PP 1474a DT B-NP 1475prepared JJ I-NP 1476statement NN I-NP 1477, , O 1478the DT B-NP 1479company NN I-NP 1480said VBD B-VP 1481the DT B-NP 1482dramatic NN I-NP 1483swing IN B-PP 1484in IN B-PP 1485operating VBG B-NP 1486results NNS I-NP 1487was VBD B-VP 1488due JJ B-NP 1489primarily NN I-NP 1490to TO B-PP 1491the DT B-NP 1492steep NN I-NP 1493decline NN I-NP 1494in IN B-PP 1495sales NNS B-NP 1496of IN B-PP 1497Cabbage JJ B-NP 1498Patch NNP I-NP 1499Kids NNP I-NP 1500products NNS I-NP 1501from IN B-PP 1502600 CD B-NP 1503mln NN I-NP 1504dlrs NN I-NP 1505to TO B-PP 1506230 CD B-NP 1507mln NN I-NP 1508dlrs NN I-NP 1509. . O 1510Coleco NNP B-NP 1511said VBD B-VP 1512it PRP B-NP 1513changed VBD B-VP 1514from VBN I-VP 1515a DT B-NP 1516single JJ I-NP 1517product NN I-NP 1518company NN I-NP 1519to TO B-PP 1520a DT B-NP 1521more JJ I-NP 1522diversified CD I-NP 1523organization NN I-NP 1524through IN B-PP 1525four JJ B-NP 1526major NN I-NP 1527acquisitions NNS I-NP 1528last JJ B-NP 1529year NN I-NP 1530. . O 1531Products NNS B-NP 1532from IN B-PP 1533the DT B-NP 1534new NN I-NP 1535acquisitions NNS I-NP 1536and CC O 1537other VB B-VP 1538new RB B-NP 1539product NN I-NP 1540introductions NNS I-NP 1541are VBP B-VP 1542expected VBN I-VP 1543to TO I-VP 1544enable NNS B-NP 1545it PRP B-NP 1546to TO B-VP 1547return JJ B-NP 1548to TO B-PP 1549profitability NN B-NP 1550, , O 1551it PRP B-NP 1552said VBD B-VP 1553. . O 1554At RB O 1555the DT B-NP 1556annual JJ I-NP 1557Toy NNP I-NP 1558Fair NNP I-NP 1559earlier IN B-PP 1560this DT B-NP 1561month JJ I-NP 1562, , I-NP 1563vice JJ I-NP 1564president NN I-NP 1565Morton NNP I-NP 1566Handel NNP I-NP 1567said VBD B-VP 1568analysts' CD B-NP 15691987 NN I-NP 1570projected VBN I-NP 1571earnings NNS I-NP 1572of IN B-PP 157390 CD B-NP 1574cts NNS I-NP 1575a DT B-NP 1576share NN I-NP 1577on IN B-PP 1578sales NNS B-NP 1579of IN B-PP 1580600 CD B-NP 1581mln NN I-NP 1582dlrs NN I-NP 1583are VBP B-VP 1584reasonable NN B-NP 1585. . O 1586Venezuela NNP-5 B-NP 1587is VBZ B-VP 1588seeking VBG I-VP 1589a DT B-NP 1590'constructive JJ I-NP 1591and CC I-NP 1592flexible' NNS I-NP 1593attitude IN B-PP 1594from JJ B-NP 1595its NNS I-NP 1596creditor NN I-NP 1597banks NNS I-NP 1598in IN B-PP 1599current JJ B-NP 1600talks NNS I-NP 1601to TO B-PP 1602reschedule JJ B-NP 160321 CD I-NP 1604billion NN I-NP 1605dlrs NN I-NP 1606in IN B-PP 1607foreign NN B-NP 1608debt VBN B-VP 1609, , O 1610finance JJ B-NP 1611minister NN I-NP 1612manuel JJ I-NP 1613azpurua NN I-NP 1614told VBN B-VP 1615a DT B-NP 1616press NN I-NP 1617conference. NN I-NP 1618He NNP I-NP 1619declined VBD B-VP 1620to TO B-PP 1621comment NN B-NP 1622on IN B-PP 1623meetings NNS B-NP 1624this DT B-NP 1625week NN I-NP 1626in IN B-PP 1627new JJ B-NP 1628york NN I-NP 1629between VBN B-VP 1630public IN B-PP 1631finances NNS B-NP 1632director IN B-PP 1633jorge JJ B-NP 1634marcano NN I-NP 1635and CC O 1636venezuela's VBN B-NP 163713-bank NN I-NP 1638advisory NN I-NP 1639committee NNP-named I-NP 1640except NN I-NP 1641to TO B-PP 1642say NN B-NP 1643, , O 1644" IN B-PP 1645they NN B-NP 1646are VBP B-VP 1647progressing NNS B-NP 1648. . O 1649" NNP B-NP 1650Azpurua NNP I-NP 1651said VBD B-VP 1652venezuela NN B-NP 1653has NNS I-NP 1654shown IN B-PP 1655solidarity JJ B-NP 1656with IN B-PP 1657brazil's NNS B-NP 1658decision VBD B-VP 1659to TO B-PP 1660suspend CD B-NP 1661payments NNS I-NP 1662, , O 1663but NNS B-NP 1664each IN B-PP 1665country NN B-NP 1666must VBZ B-VP 1667negotiate RB I-VP 1668according VBG I-VP 1669to TO B-PP 1670its NNS B-NP 1671own JJ I-NP 1672interest NN I-NP 1673. . O 1674Asked VBD B-VP 1675to TO B-PP 1676comment NN B-NP 1677on IN B-PP 1678chile's NN B-NP 1679agreement NN I-NP 1680with IN B-PP 1681its NNS B-NP 1682creditors NN I-NP 1683today NN I-NP 1684, , O 1685which IN B-PP 1686includes NNS B-NP 1687an DT B-NP 1688interest JJ I-NP 1689rate NN I-NP 1690margin NN I-NP 1691of IN B-PP 1692one CD B-NP 1693pct NN I-NP 1694over IN B-PP 1695libor JJ B-NP 1696, , O 1697azpurua NNP B-NP 1698said VBD B-VP 1699only NN B-NP 1700, , O 1701" IN B-SBAR 1702that NN B-NP 1703is VBZ B-VP 1704good JJ B-NP 1705news NNS I-NP 1706. . O 1707" NNS B-NP 1708According VBG B-VP 1709to TO B-PP 1710banking VBG B-NP 1711sources NNS I-NP 1712, , O 1713the DT B-NP 1714banks' NN I-NP 1715latest NN I-NP 1716offer IN B-PP 1717to TO B-PP 1718venezuela CD B-NP 1719is VBZ B-VP 1720also RB B-ADVP 1721a DT B-NP 1722one JJ I-NP 1723pct NN I-NP 1724margin JJ I-NP 1725as IN B-PP 1726against NN B-NP 1727the DT B-NP 1728last JJ I-NP 1729february's NN I-NP 17301-1/8 CD B-NP 1731pct NN I-NP 1732rescheduling VBG I-NP 1733accord NNS I-NP 1734and CC O 1735the DT B-NP 17367/8 NN I-NP 1737pct NN I-NP 1738Venezuela NNP I-NP 1739wants NNS I-NP 1740. . O 1741Azpurua NNP B-NP 1742said VBD B-VP 1743four NN B-NP 1744basic NN I-NP 1745elements NNS I-NP 1746are VBP B-VP 1747being VBN I-VP 1748negotiated VBN I-VP 1749with IN B-PP 1750the DT B-NP 1751banks NNS I-NP 1752now: NN I-NP 1753spread VBD B-VP 1754reduction VBN I-VP 1755, , O 1756deferral JJ B-ADJP 1757of IN B-PP 1758principal JJ B-NP 1759payments NNS I-NP 1760due NNS I-NP 1761in IN B-PP 17621987 CD B-NP 1763and CC I-NP 17641988 CD I-NP 1765, , O 1766lenghtening VBG B-VP 1767the DT B-NP 176812-1/2 CD I-NP 1769year NN I-NP 1770repayment NN I-NP 1771schedule NN I-NP 1772, , O 1773and CC O 1774debt VBN B-VP 1775capitalization IN B-PP 1776schemes NNS B-NP 1777. . O 1778Azpurua NNP B-NP 1779said VBD B-VP 1780the DT B-NP 1781governent NN I-NP 1782plans NN I-NP 1783to TO B-PP 1784pay NN B-NP 17852.1 CD I-NP 1786billion NN I-NP 1787dlrs NN I-NP 1788in IN B-PP 1789public NNP B-NP 1790and CC O 1791private JJ B-NP 1792debt NN I-NP 1793principal NN I-NP 1794this DT B-NP 1795year NN I-NP 1796. . O 1797It PRP B-NP 1798was VBD B-VP 1799due VBD I-VP 1800to TO I-VP 1801amortize VB I-VP 18021.05 CD B-NP 1803billion NN I-NP 1804dlrs NN I-NP 1805under IN B-PP 1806the DT B-NP 1807rescheduling NN I-NP 1808, , O 1809and CC O 1810pay NN B-NP 1811420 CD I-NP 1812mln NN I-NP 1813dlrs NN I-NP 1814in IN B-PP 1815non-restructured JJ B-NP 1816principal NN I-NP 1817, , O 1818both IN B-PP 1819public JJ B-NP 1820sector NN I-NP 1821. . O 1822He NNP B-NP 1823said VBD B-VP 1824venezuela's CD B-NP 1825original JJ I-NP 1826proposal NN I-NP 1827was VBD B-VP 1828to TO B-PP 1829pay NN B-NP 1830no RB I-NP 1831principal JJ I-NP 1832on IN B-PP 1833restructured JJ B-NP 1834debt NN I-NP 1835this DT B-NP 1836year NN I-NP 1837, , O 1838but IN B-NP 1839is VBZ B-VP 1840now RB I-VP 1841insisting VBG I-VP 1842that IN B-SBAR 1843if NNP B-NP 1844it PRP B-NP 1845makes VBZ B-VP 1846payments NNS B-NP 1847they IN B-PP 1848be VB B-NP 1849compensated VBN B-VP 1850by IN B-PP 1851new JJ B-NP 1852bank NN I-NP 1853loans NNS I-NP 1854. . O 1855The DT B-NP 1856banking VBG I-NP 1857sources NNS I-NP 1858said VBD B-VP 1859the DT B-NP 1860committee NN I-NP 1861has NNS B-VP 1862been VBN I-VP 1863prepared VBN I-VP 1864to TO I-VP 1865lower VB I-VP 1866amortizations VBN I-VP 1867to TO B-PP 1868around IN B-NP 1869400 CD I-NP 1870mln NN I-NP 1871dlrs NN I-NP 1872this IN B-PP 1873year NN B-NP 1874, , O 1875but IN B-PP 1876that NN B-NP 1877no RB B-NP 1878direct JJ I-NP 1879commitment NN I-NP 1880was VBD B-VP 1881likely JJ B-ADJP 1882on IN B-PP 1883new JJ B-NP 1884loans NNS I-NP 1885. . O 1886" CD B-NP 1887debtors NNS I-NP 1888and CC I-NP 1889bank NNS I-NP 1890creditors NN I-NP 1891have VBP B-VP 1892a DT B-NP 1893joint JJ I-NP 1894responsibility NN I-NP 1895and CC O 1896there DT B-NP 1897will MD B-VP 1898be VB I-VP 1899no RB I-VP 1900lasting VBG I-VP 1901solution NN B-NP 1902unless NNS I-NP 1903a DT B-NP 1904positive JJ I-NP 1905flow NN I-NP 1906of IN B-PP 1907financing VBG B-NP 1908is VBZ B-VP 1909guaranteed NNS B-NP 1910, , O 1911" NNS B-NP 1912azpurua DT B-NP 1913said VBD B-VP 1914. . O 1915However IN B-ADVP 1916, , O 1917he NNS B-NP 1918appeared VBD B-VP 1919to TO I-VP 1920discard VB I-VP 1921earlier JJ B-NP 1922venezuelan NN I-NP 1923proposals NN I-NP 1924for IN B-PP 1925a DT B-NP 1926direct NN I-NP 1927link NN I-NP 1928between VBN B-VP 1929oil JJ B-NP 1930income NN I-NP 1931and CC O 1932debt VBN B-NP 1933payments NNS I-NP 1934, , O 1935"because NNS B-NP 1936circumstances NNS I-NP 1937change VBD B-VP 1938too RB B-ADJP 1939quickly JJ I-ADJP 1940. . O 1941" NNS B-VP 1942At RB B-ADVP 1943the DT B-NP 1944same JJ I-NP 1945time NN I-NP 1946, , O 1947he NN B-NP 1948said VBD B-VP 1949the DT B-NP 1950government NN I-NP 1951is VBZ B-VP 1952presently RB I-VP 1953studying VBG I-VP 1954possible JJ B-NP 1955mechanisms NNS I-NP 1956for IN B-PP 1957capitlizing VBG B-VP 1958public NN B-NP 1959and CC O 1960private RB B-NP 1961sector JJ I-NP 1962foreign NNS I-NP 1963debt VBD B-VP 1964, , O 1965based NNS B-NP 1966on IN B-PP 1967experience NN B-NP 1968in IN B-PP 1969other JJ B-NP 1970countries NNS I-NP 1971. . O 1972The DT B-NP 1973rules NN I-NP 1974would MD B-VP 1975be VB I-VP 1976published VBN I-VP 1977by IN B-PP 1978the DT B-NP 1979finance JJ I-NP 1980ministry NN I-NP 1981and CC O 1982the DT B-NP 1983central JJ I-NP 1984bank NN I-NP 1985. . O 1986Thomson NNP B-NP 1987McKinnon NNP I-NP 1988Mortgage NNP I-NP 1989Assets NNS I-NP 1990Corp NNP I-NP 1991, , O 1992a DT B-NP 1993unit NN I-NP 1994of IN B-PP 1995Thomson NNP B-NP 1996McKinnon NNP I-NP 1997Inc NNP I-NP 1998, , O 1999is VBZ B-VP 2000offering IN B-NP 2001100 CD I-NP 2002mln NN I-NP 2003dlrs NN I-NP 2004of IN B-PP 2005collateralized VBN B-NP 2006mortgage NN I-NP 2007obligations NNS I-NP 2008in IN B-PP 2009three DT B-NP 2010tranches NNS I-NP 2011that IN B-PP 2012include JJ B-NP 2013floating NN I-NP 2014rate NN I-NP 2015and CC O 2016inverse RB B-VP 2017floating VBG I-VP 2018rate JJ B-NP 2019CMOS NNP I-NP 2020. . O 2021The DT B-NP 2022floating VBG I-NP 2023rate NN I-NP 2024class NN I-NP 2025amounts NNS I-NP 2026to TO B-PP 202760 CD B-NP 2028mln NN I-NP 2029dlrs NN I-NP 2030. . O 2031It PRP B-NP 2032has VBZ B-VP 2033an DT B-NP 2034average JJ I-NP 2035life NN I-NP 2036of IN B-PP 20377.11 CD B-NP 2038years NNS I-NP 2039and CC O 2040matures NNS B-NP 20412018. CD B-PP 2042The DT B-NP 2043CMOs JJ I-NP 2044have NN I-NP 2045an DT B-NP 2046initial JJ I-NP 2047coupon NN I-NP 2048of IN B-PP 20497.0375 CD B-NP 2050pct NN I-NP 2051, , O 2052which IN B-NP 2053will MD B-VP 2054be VB I-VP 2055reset NN B-NP 205660 CD I-NP 2057basis NNS I-NP 2058points NNS I-NP 2059above VBP B-VP 2060LIBOR VBN I-VP 2061, , O 2062said VBD B-VP 2063sole CD B-NP 2064manager NN I-NP 2065Thomson NNP I-NP 2066McKinnon NNP I-NP 2067. . O 2068The DT B-NP 2069inverse JJ I-NP 2070floater NN I-NP 2071totals IN B-PP 20724.8 CD B-NP 2073mln NN I-NP 2074dlrs NN I-NP 2075. . O 2076It PRP B-NP 2077has VBZ B-VP 2078an DT B-NP 2079average JJ I-NP 2080life NN I-NP 2081of IN B-PP 208213.49 CD B-NP 2083years NNS I-NP 2084and CC O 2085matures NNS B-NP 20862018. CD B-NP 2087These NNP I-NP 2088CMOs NNS I-NP 2089were VBD B-VP 2090given JJ I-VP 2091an DT B-NP 2092initial JJ I-NP 2093coupon NN I-NP 2094of IN B-PP 209511-1/2 CD B-NP 2096pct NN I-NP 2097and CC O 2098priced VBN B-VP 2099at IN B-PP 2100104.40. CD B-NP 2101Subsequent JJ I-NP 2102rates NNS I-NP 2103on IN B-PP 2104the DT B-NP 2105inverse NN I-NP 2106floater IN B-PP 2107will DT B-NP 2108equal JJ I-NP 210911-1/2 CD I-NP 2110pct NN I-NP 2111minus VBZ B-VP 2112the DT B-NP 2113product NN I-NP 2114of IN B-PP 2115three DT B-NP 2116times NNS I-NP 2117(LIBOR NNP I-NP 2118minus NNS I-NP 21196-1/2 CD B-NP 2120pct) NNS I-NP 2121. . O 2122A RB O 2123Thomson NNP B-NP 2124officer IN I-PRT 2125explained VBN B-VP 2126that IN B-PP 2127the DT B-NP 2128coupon NN I-NP 2129of IN B-PP 2130the DT B-NP 2131inverse NN I-NP 2132floating IN B-PP 2133rate JJ B-NP 2134tranche NN I-NP 2135would VBN B-VP 2136increase IN B-PP 2137if NNP B-NP 2138LIBOR default I-NP 2139declined VBD B-VP 2140. . O 2141" NN B-VP 2142The DT B-NP 2143yield JJ I-NP 2144floats NN I-NP 2145opposite NN I-NP 2146of IN B-PP 2147LIBOR NNP B-NP 2148, , O 2149" CD B-NP 2150he NN I-NP 2151said VBD B-VP 2152. . O 2153The DT B-NP 2154fixed-rate JJ I-NP 2155tranche NN I-NP 2156totals NNS I-NP 215735.2 IN B-PP 2158mln NN B-NP 2159dlrs NN I-NP 2160. . O 2161It PRP B-NP 2162has VBZ B-VP 2163an DT B-NP 2164average JJ I-NP 2165life NN I-NP 2166of IN B-PP 21673.5 CD B-NP 2168years NNS I-NP 2169and CC O 2170matures NNS B-NP 21712016. CD B-PP 2172The DT B-NP 2173CMOs JJ I-NP 2174were NN I-NP 2175assigned VBN B-VP 2176a DT B-NP 21777.65 NN I-NP 2178pct NN I-NP 2179coupon NN I-NP 2180and CC O 2181par RB B-VP 2182pricing VBG I-VP 2183. . B-PP 2184The DT B-NP 2185issue NN I-NP 2186is VBZ B-VP 2187rated VBN I-VP 2188AAA RB B-ADVP 2189by IN B-PP 2190Standard NNP B-NP 2191and CC I-NP 2192Poor's NNP I-NP 2193and CC O 2194secured JJ B-ADVP 2195by IN B-SBAR 2196Federal JJ B-NP 2197Home . I-NP 2198Loan NNP I-NP 2199Mortgage NNP I-NP 2200Corp NNP I-NP 2201, , O 2202Freddie NNP B-NP 2203Mac NNP I-NP 2204, , O 2205certificates NNS B-NP 2206. . O 2207OPEC NNP B-NP 2208may NN I-NP 2209be VB B-VP 2210forced VBD I-VP 2211to TO B-PP 2212meet NN B-NP 2213before NN I-NP 2214a DT B-NP 2215scheduled JJ I-NP 2216June CD I-NP 2217session NN I-NP 2218to TO B-PP 2219readdress JJ B-NP 2220its NNS I-NP 2221production NN I-NP 2222cutting VBG I-NP 2223agreement NN I-NP 2224if IN B-SBAR 2225the DT B-NP 2226organization NN I-NP 2227wants NNS B-VP 2228to TO I-VP 2229halt VB I-VP 2230the DT B-NP 2231current NN I-NP 2232slide NN I-NP 2233in IN B-PP 2234oil JJ B-NP 2235prices NNS I-NP 2236, , O 2237oil JJ B-NP 2238industry NN I-NP 2239analysts NNS I-NP 2240said VBD B-VP 2241. . O 2242" NN B-VP 2243The DT B-NP 2244movement NN I-NP 2245to TO B-VP 2246higher VB I-VP 2247oil JJ B-NP 2248prices NNS I-NP 2249was VBD B-VP 2250never IN B-ADVP 2251to TO B-VP 2252be VB I-VP 2253as IN B-PP 2254easy NN B-NP 2255as IN B-PP 2256OPEC NNP B-NP 2257thought IN B-PP 2258. . B-NP 2259They NNP I-NP 2260may NN I-NP 2261need VBD B-VP 2262an DT B-NP 2263emergency NN I-NP 2264meeting VBG B-VP 2265to TO B-PP 2266sort NN B-NP 2267out IN B-PP 2268the DT B-NP 2269problems NN I-NP 2270, , O 2271" IN B-NP 2272said VBD B-VP 2273Daniel CD B-NP 2274Yergin NNP I-NP 2275, , O 2276director IN B-PP 2277of IN B-PP 2278Cambridge JJ B-NP 2279Energy NNP I-NP 2280Research NNP I-NP 2281Associates NNS I-NP 2282, , O 2283CERA NNP B-NP 2284. . O 2285Analysts NNS B-NP 2286and CC O 2287oil JJ B-NP 2288industry NN I-NP 2289sources NNS I-NP 2290said VBD B-VP 2291the DT B-NP 2292problem NN I-NP 2293OPEC IN B-PP 2294faces NNS B-NP 2295is VBZ B-VP 2296excess NNS B-NP 2297oil JJ B-ADJP 2298supply RB B-ADVP 2299in IN B-PP 2300world JJ B-NP 2301oil NNS I-NP 2302markets NNS I-NP 2303. . O 2304" NN B-NP 2305OPEC's NNS I-NP 2306problem NN I-NP 2307is VBZ B-VP 2308not RB O 2309a DT B-NP 2310price NN I-NP 2311problem NN I-NP 2312but NN B-VP 2313a DT B-NP 2314production NN I-NP 2315issue NNS I-NP 2316and CC O 2317must JJ B-VP 2318be VB I-VP 2319addressed VBN I-VP 2320in IN B-PP 2321that DT B-NP 2322way NN I-NP 2323, , O 2324" IN B-NP 2325said VBD B-VP 2326Paul default B-NP 2327Mlotok NNP I-NP 2328, , O 2329oil JJ B-NP 2330analyst NN I-NP 2331with IN B-PP 2332Salomon NNP B-NP 2333Brothers NNS I-NP 2334Inc NNP I-NP 2335. . O 2336He JJ O 2337said VBD B-VP 2338the DT B-NP 2339market's NN I-NP 2340earlier IN B-PP 2341optimism JJ B-NP 2342about NN I-NP 2343OPEC NNS I-NP 2344and CC O 2345its NNS B-NP 2346ability NN I-NP 2347to TO B-PP 2348keep CD B-NP 2349production NN I-NP 2350under IN B-PP 2351control JJ B-NP 2352have NN I-NP 2353given NNS I-NP 2354way NN B-ADJP 2355to TO B-PP 2356a DT B-NP 2357pessimistic NN I-NP 2358outlook NN I-NP 2359that IN B-PP 2360the DT B-NP 2361organization NN I-NP 2362must NN I-NP 2363address NNS I-NP 2364soon IN B-PP 2365if NNP B-NP 2366it PRP B-NP 2367wishes VBD B-VP 2368to TO B-PP 2369regain JJ B-NP 2370the DT I-NP 2371initiative JJ I-NP 2372in IN B-PP 2373oil JJ B-NP 2374prices NNS I-NP 2375. . O 2376But JJ B-NP 2377some NN I-NP 2378other IN B-PP 2379analysts NNS B-NP 2380were VBD B-VP 2381uncertain RB B-ADJP 2382that IN B-PP 2383even VBN B-NP 2384an DT B-NP 2385emergency NN I-NP 2386meeting VBG B-VP 2387would JJ B-NP 2388address NNS I-NP 2389the DT B-NP 2390problem NN I-NP 2391of IN B-PP 2392OPEC NNP B-NP 2393production NN I-NP 2394above IN B-PP 2395the DT B-NP 239615.8 CD I-NP 2397mln NN I-NP 2398bpd NNS I-NP 2399quota IN B-PP 2400set NN B-NP 2401last JJ B-NP 2402December NNP I-NP 2403. . O 2404" IN B-SBAR 2405OPEC NNP B-NP 2406has NNS I-NP 2407to TO B-PP 2408learn JJ B-NP 2409that NN I-NP 2410in IN B-PP 2411a DT B-NP 2412buyers NNS I-NP 2413market NN I-NP 2414you IN B-PP 2415cannot NN B-NP 2416have VBP B-VP 2417deemed VBN I-VP 2418quotas NNS B-NP 2419, , O 2420fixed NNS B-NP 2421prices NNS I-NP 2422and CC O 2423set NN B-NP 2424differentials NNS I-NP 2425, , O 2426" NNS B-NP 2427said VBD B-VP 2428the DT B-NP 2429regional JJ I-NP 2430manager NN I-NP 2431for IN B-PP 2432one NN B-NP 2433of IN B-PP 2434the DT B-NP 2435major NN I-NP 2436oil NN I-NP 2437companies NNS I-NP 2438who IN B-PP 2439spoke NN B-NP 2440on IN B-PP 2441condition NN B-NP 2442that IN B-SBAR 2443he DT B-NP 2444not NN I-NP 2445be VB B-VP 2446named RB I-VP 2447. . I-VP 2448" NN I-VP 2449The DT B-NP 2450market NN I-NP 2451is VBZ B-VP 2452now RB I-VP 2453trying VBG I-VP 2454to TO I-VP 2455teach IN B-PP 2456them DT B-NP 2457that NN I-NP 2458lesson IN B-PP 2459again NN B-NP 2460, , O 2461" IN B-PP 2462he DT B-NP 2463added VBD I-NP 2464. . O 2465David VBD B-VP 2466T NNP B-NP 2467. . I-NP 2468Mizrahi NNP I-NP 2469, , O 2470editor CD B-NP 2471of IN B-PP 2472Mideast JJ B-NP 2473reports NNS I-NP 2474, , O 2475expects NNS B-NP 2476OPEC VBD B-VP 2477to TO B-PP 2478meet JJ B-NP 2479before NN I-NP 2480June JJ I-NP 2481, , O 2482although IN B-SBAR 2483not JJ B-NP 2484immediately NN I-NP 2485. . O 2486However NNP B-NP 2487, , O 2488he CD B-NP 2489is VBZ B-VP 2490not RB O 2491optimistic JJ B-NP 2492that NN I-NP 2493OPEC default I-NP 2494can NN I-NP 2495address NNS I-NP 2496its NNS B-NP 2497principal JJ I-NP 2498problems NNS I-NP 2499. . O 2500" IN O 2501They NNP B-NP 2502will MD B-VP 2503not JJ B-NP 2504meet NN I-NP 2505now NN I-NP 2506as IN B-PP 2507they NN B-NP 2508try NN I-NP 2509to TO B-VP 2510take VB I-VP 2511advantage NN B-NP 2512of IN B-PP 2513the DT B-NP 2514winter NN I-NP 2515demand VBN B-VP 2516to TO B-PP 2517sell JJ B-NP 2518their NN I-NP 2519oil NNS I-NP 2520, , O 2521but NNS B-NP 2522in IN B-PP 2523late JJ B-NP 2524March NNP I-NP 2525and CC O 2526April default B-NP 2527when JJ I-NP 2528demand VBN I-NP 2529slackens NNS I-NP 2530, , O 2531" NNS B-NP 2532Mizrahi NNP I-NP 2533said VBD B-VP 2534. . O 2535But JJ B-NP 2536Mizrahi NNP I-NP 2537said VBD B-VP 2538that NN B-SBAR 2539OPEC default B-NP 2540is VBZ B-VP 2541unlikely RB B-ADJP 2542to TO B-VP 2543do VB I-VP 2544anything VBG I-VP 2545more JJ B-NP 2546than NN I-NP 2547reiterate NN I-NP 2548its NNS I-NP 2549agreement NN I-NP 2550to TO B-PP 2551keep CD B-NP 2552output NN I-NP 2553at IN B-PP 255415.8 CD B-NP 2555mln NN I-NP 2556bpd NNS I-NP 2557. . O 2558" NNP B-NP 2559Analysts NNS I-NP 2560said VBD B-VP 2561that IN B-SBAR 2562the DT B-NP 2563next NN I-NP 2564two NN I-NP 2565months VBZ B-VP 2566will RB I-VP 2567be VB I-VP 2568critical NN B-NP 2569for IN B-PP 2570OPEC's NNP B-NP 2571ability NN I-NP 2572to TO B-VP 2573hold VB I-VP 2574together NN B-NP 2575prices NNS I-NP 2576and CC O 2577output JJ B-NP 2578. . O 2579" IN B-PP 2580OPEC NNP B-NP 2581must JJ I-NP 2582hold VBD B-VP 2583to TO B-PP 2584its NNS B-NP 2585pact NN I-NP 2586for IN B-PP 2587the DT B-NP 2588next NN I-NP 2589six IN B-PP 2590to TO B-PP 2591eight JJ B-NP 2592weeks NNS I-NP 2593since IN B-SBAR 2594buyers NNS B-NP 2595will MD B-VP 2596come VBN I-VP 2597back NN B-NP 2598into IN B-PP 2599the DT B-NP 2600market NN I-NP 2601then VBN B-VP 2602, , O 2603" NNP B-NP 2604said VBD B-VP 2605Dillard CD B-NP 2606Spriggs NNS I-NP 2607of IN B-PP 2608Petroleum default B-NP 2609Analysis RB B-VP 2610Ltd VBN I-VP 2611in IN B-PP 2612New NNP B-NP 2613York NNP I-NP 2614. . O 2615But JJ B-NP 2616Bijan NNP I-NP 2617Moussavar-Rahmani NNP I-NP 2618of IN B-PP 2619Harvard default B-NP 2620University's NNS I-NP 2621Energy NNP I-NP 2622and CC I-NP 2623Environment JJ I-NP 2624Policy NNP I-NP 2625Center NNP I-NP 2626said VBD B-VP 2627that NN B-SBAR 2628the DT B-NP 2629demand VBN B-VP 2630for IN B-PP 2631OPEC NNP B-NP 2632oil NN I-NP 2633has NNS I-NP 2634been VBN B-VP 2635rising VBG I-VP 2636through IN B-PP 2637the DT B-NP 2638first JJ I-NP 2639quarter NN I-NP 2640and CC O 2641this DT B-NP 2642may NN I-NP 2643have VBP B-VP 2644prompted VBN I-VP 2645excesses NNS B-NP 2646in IN B-PP 2647its NNS B-NP 2648production NN I-NP 2649. . O 2650" CD B-NP 2651Demand CD I-NP 2652for IN B-PP 2653their NN B-NP 2654(OPEC) default I-NP 2655oil JJ I-NP 2656is VBZ B-VP 2657clearly RB B-ADJP 2658above JJ I-ADJP 265915.8 CD B-NP 2660mln NN I-NP 2661bpd NNS I-NP 2662and CC O 2663is VBZ B-VP 2664probably RB B-NP 2665closer NN I-NP 2666to TO B-PP 266717 CD B-NP 2668mln NN I-NP 2669bpd NNS I-NP 2670or IN B-PP 2671higher NN B-NP 2672now RB I-NP 2673so JJ I-NP 2674what NN I-NP 2675we NNS I-NP 2676are VBP B-VP 2677seeing IN O 2678characterized VBN B-VP 2679as IN B-PP 2680cheating VBG B-NP 2681is VBZ B-VP 2682OPEC NNP B-NP 2683meeting VBG I-NP 2684this DT B-NP 2685demand VBD B-VP 2686through IN B-PP 2687current NN B-NP 2688production NN I-NP 2689, , O 2690" IN B-PP 2691he DT B-NP 2692told JJ I-NP 2693Reuters NNS I-NP 2694in IN B-PP 2695a DT B-NP 2696telephone NN I-NP 2697interview WRB B-ADVP 2698. . O 2699BankAmerica NNP B-NP 2700Corp NNP I-NP 2701is VBZ B-VP 2702not RB O 2703under IN B-PP 2704pressure NN B-NP 2705to TO B-PP 2706act IN B-NP 2707quickly JJ I-NP 2708on IN B-PP 2709its NNS B-NP 2710proposed VBD B-VP 2711equity JJ I-VP 2712offering VBG I-VP 2713and CC I-VP 2714would VBN I-VP 2715do IN B-PP 2716well JJ B-NP 2717to TO B-VP 2718delay NN I-VP 2719it PRP B-NP 2720because NN B-NP 2721of IN B-PP 2722the DT B-NP 2723stock's NN I-NP 2724recent NN I-NP 2725poor NNS I-NP 2726performance NNS I-NP 2727, , O 2728banking NNS B-NP 2729analysts NNS I-NP 2730said VBD B-VP 2731. . B-NP 2732Some JJ I-NP 2733analysts NNS I-NP 2734said VBD B-VP 2735they IN B-PP 2736have NN B-NP 2737recommended VBN B-VP 2738BankAmerica NNP B-NP 2739delay NN I-NP 2740its NNS I-NP 2741up VBD B-VP 2742to TO B-PP 2743one-billion-dlr CD B-NP 2744equity NN I-NP 2745offering VBG I-NP 2746, , O 2747which IN B-SBAR 2748has NNS B-NP 2749yet VBD B-VP 2750to TO I-VP 2751be VB I-VP 2752approved VBN I-VP 2753by IN B-PP 2754the DT B-NP 2755Securities NNS I-NP 2756and CC I-NP 2757Exchange JJ I-NP 2758Commission NNP I-NP 2759. . I-NP 2760BankAmerica NNP I-NP 2761stock NN I-NP 2762fell NNS I-NP 2763this IN B-PP 2764week NN B-NP 2765, , O 2766along IN B-PP 2767with IN B-PP 2768other NN B-NP 2769banking VBG I-NP 2770issues NNS I-NP 2771, , O 2772on IN B-PP 2773the DT B-NP 2774news NN I-NP 2775that IN B-PP 2776Brazil JJ B-NP 2777has NNS I-NP 2778suspended VBD B-VP 2779interest IN B-PP 2780payments NNS B-NP 2781on IN B-PP 2782a DT B-NP 2783large JJ I-NP 2784portion NN I-NP 2785of IN B-PP 2786its NNS B-NP 2787foreign IN B-PP 2788debt NN B-NP 2789. . O 2790The DT B-NP 2791stock NN I-NP 2792traded VBN B-VP 2793around IN B-PP 279412 CD B-NP 2795, , O 2796down IN B-PP 27971/8 NN B-NP 2798, , O 2799this IN B-PP 2800afternoon NN B-NP 2801, , O 2802after IN B-PP 2803falling VBG B-VP 2804to TO B-PP 280511-1/2 CD B-NP 2806earlier NN I-NP 2807this IN B-PP 2808week NN B-NP 2809on IN B-PP 2810the DT B-NP 2811news NN I-NP 2812. . O 2813Banking NNP B-NP 2814analysts NNS I-NP 2815said VBD B-VP 2816that IN B-SBAR 2817with IN B-PP 2818the DT B-NP 2819immediate JJ I-NP 2820threat NN I-NP 2821of IN B-PP 2822the DT B-NP 2823First JJ I-NP 2824Interstate NNP I-NP 2825Bancorp NNP I-NP 2826<I> NNP I-NP 2827takeover IN B-PP 2828bid NN B-NP 2829gone NN I-NP 2830, , O 2831BankAmerica NNP B-NP 2832is VBZ B-VP 2833under IN B-PP 2834no NN B-NP 2835pressure NN I-NP 2836to TO B-PP 2837sell JJ B-NP 2838the DT I-NP 2839securities NN I-NP 2840into IN B-PP 2841a DT B-NP 2842market NN I-NP 2843that IN B-NP 2844will MD B-VP 2845be VB I-VP 2846nervous RB B-ADJP 2847on IN B-PP 2848bank NN B-NP 2849stocks NNS I-NP 2850in IN B-PP 2851the DT B-NP 2852near JJ I-NP 2853term NN I-NP 2854. . O 2855BankAmerica NNP O 2856filed VBD B-VP 2857the DT B-NP 2858offer NN I-NP 2859on IN B-PP 2860January NNP B-NP 286126. CD I-NP 2862It PRP B-NP 2863was VBD B-VP 2864seen JJ B-ADJP 2865as IN B-PP 2866one NN B-NP 2867of IN B-PP 2868the DT B-NP 2869major NN I-NP 2870factors NNS I-NP 2871leading VBG B-VP 2872the DT B-NP 2873First JJ I-NP 2874Interstate NNP I-NP 2875withdrawing VBG B-VP 2876its NNS B-NP 2877takeover IN B-PP 2878bid VBN B-NP 2879on IN B-PP 2880February NNP B-NP 28819. CD I-NP 2882A RB I-NP 2883BankAmerica NNP I-NP 2884spokesman NN I-NP 2885said VBD B-VP 2886SEC CD B-NP 2887approval JJ I-NP 2888is VBZ B-VP 2889taking IN B-PP 2890longer JJ B-NP 2891than NN I-NP 2892expected VBN I-NP 2893and CC I-NP 2894market JJ I-NP 2895conditions NN I-NP 2896must JJ I-NP 2897now RB B-ADVP 2898be VB B-VP 2899re-evaluated VBN I-VP 2900. . O 2901" IN B-PP 2902The DT B-NP 2903circumstances NNS I-NP 2904at IN B-PP 2905the DT B-NP 2906time NN I-NP 2907will MD B-VP 2908determine NN I-VP 2909what IN B-NP 2910we JJ B-NP 2911do NN I-NP 2912, , O 2913" IN B-NP 2914said VBD B-VP 2915Arthur RB B-ADJP 2916Miller JJ I-ADJP 2917, , O 2918BankAmerica's NNP B-NP 2919Vice JJ I-NP 2920President NN I-NP 2921for IN B-PP 2922Financial JJ B-NP 2923Communications NNP I-NP 2924, , O 2925when JJ B-NP 2926asked VBD B-VP 2927if NNP B-NP 2928BankAmerica NNP I-NP 2929would VBD B-VP 2930proceed NN B-NP 2931with IN B-PP 2932the DT B-NP 2933offer NN I-NP 2934immediately NN I-NP 2935after IN B-PP 2936it PRP B-NP 2937receives NNS B-VP 2938SEC NNP B-NP 2939approval JJ I-NP 2940. . O 2941" IN B-PP 2942I'd NNP B-NP 2943put NN B-VP 2944it PRP B-NP 2945off NNP B-NP 2946as IN B-PP 2947long NN B-NP 2948as IN B-PP 2949they NN B-NP 2950conceivably NN I-NP 2951could VBN B-VP 2952, , O 2953" NNP B-NP 2954said VBD B-VP 2955Lawrence CD B-NP 2956Cohn NNP I-NP 2957, , I-NP 2958analyst JJ I-NP 2959with IN B-PP 2960Merrill default B-NP 2961Lynch NNP I-NP 2962, , I-NP 2963Pierce NNP I-NP 2964, , I-NP 2965Fenner NNP I-NP 2966and CC I-NP 2967Smith NNP I-NP 2968. . O 2969Cohn NNP B-NP 2970said VBD B-VP 2971the DT B-NP 2972longer NN I-NP 2973BankAmerica NNP I-NP 2974waits NNS I-NP 2975, , O 2976the DT B-NP 2977longer JJR I-NP 2978they NN I-NP 2979have VBP B-VP 2980to TO I-VP 2981show WRB I-VP 2982the DT B-NP 2983market NN I-NP 2984an DT B-NP 2985improved VBD B-VP 2986financial JJ B-NP 2987outlook NN I-NP 2988. . O 2989Although RB O 2990BankAmerica NNP B-NP 2991has NNS I-NP 2992yet VBD B-VP 2993to TO I-VP 2994specify VB I-VP 2995the DT B-NP 2996types NNS I-NP 2997of IN B-PP 2998equities NNS B-NP 2999it PRP B-NP 3000would VBD B-VP 3001offer IN B-ADVP 3002, , O 3003most JJ B-NP 3004analysts NN I-NP 3005believed VBN B-VP 3006a DT B-NP 3007convertible NN I-NP 3008preferred VBN I-NP 3009stock NN I-NP 3010would VBD B-VP 3011encompass VBN I-VP 3012at IN B-PP 3013least JJ B-NP 3014part NN I-NP 3015of IN B-PP 3016it PRP B-NP 3017. . O 3018Such NNP O 3019an DT B-NP 3020offering VBG I-NP 3021at IN B-PP 3022a DT B-NP 3023depressed JJ I-NP 3024stock NN I-NP 3025price NN I-NP 3026would VBN B-VP 3027mean VBN I-VP 3028a DT B-NP 3029lower JJ I-NP 3030conversion NN I-NP 3031price NN I-NP 3032and CC O 3033more RB B-VP 3034dilution VBN I-VP 3035to TO B-PP 3036BankAmerica NNP B-NP 3037stock NN I-NP 3038holders NNS I-NP 3039, , O 3040noted JJ B-NP 3041Daniel . I-NP 3042Williams NNS I-NP 3043, , O 3044analyst JJ B-ADJP 3045with IN B-PP 3046Sutro NNP B-NP 3047Group default I-NP 3048. . O 3049Several JJ B-NP 3050analysts NNS I-NP 3051said VBD B-VP 3052that IN B-SBAR 3053while NN B-NP 3054they NN I-NP 3055believe VB B-VP 3056the DT B-NP 3057Brazilian JJ I-NP 3058debt NN I-NP 3059problem NN I-NP 3060will RB B-VP 3061continue VBD I-VP 3062to TO I-VP 3063hang NNS B-NP 3064over IN B-PP 3065the DT B-NP 3066banking VBG I-NP 3067industry NN I-NP 3068through IN B-PP 3069the DT B-NP 3070quarter NN I-NP 3071, , O 3072the DT B-NP 3073initial JJ I-NP 3074shock NN I-NP 3075reaction NN I-NP 3076is VBZ B-VP 3077likely RB B-ADVP 3078to TO B-PP 3079ease NNS B-NP 3080over IN B-PP 3081the DT B-NP 3082coming VBG I-NP 3083weeks NNS I-NP 3084. . O 3085Nevertheless NNP B-NP 3086, , O 3087BankAmerica, NNP B-NP 3088which IN B-PP 3089holds NN B-NP 3090about IN B-PP 30912.70 CD B-NP 3092billion NN I-NP 3093dlrs NN I-NP 3094in IN B-PP 3095Brazilian JJ B-NP 3096loans NNS I-NP 3097, , O 3098stands NNS B-NP 3099to TO B-PP 3100lose JJ B-NP 310115-20 CD I-NP 3102mln NN I-NP 3103dlrs NN I-NP 3104if IN B-PP 3105the DT B-NP 3106interest NN I-NP 3107rate NN I-NP 3108is VBZ B-VP 3109reduced VBN I-VP 3110on IN B-PP 3111the DT B-NP 3112debt NN I-NP 3113, , O 3114and CC O 3115as IN B-PP 3116much NN B-NP 3117as IN B-PP 3118200 CD B-NP 3119mln NN I-NP 3120dlrs NN I-NP 3121if NNP I-NP 3122Brazil NNP I-NP 3123pays NNS B-VP 3124no RB B-NP 3125interest NN I-NP 3126for IN B-PP 3127a DT B-NP 3128year NN I-NP 3129, , O 3130said VBD B-VP 3131Joseph NNP B-NP 3132Arsenio RB I-NP 3133, , O 3134analyst JJ B-ADJP 3135with IN B-PP 3136Birr NNP B-NP 3137, , I-NP 3138Wilson NNP I-NP 3139and CC I-NP 3140Co JJ I-NP 3141. . O 3142He DT B-NP 3143noted VBN B-VP 3144, , O 3145however IN B-ADVP 3146, , O 3147that IN B-SBAR 3148any NN B-NP 3149potential JJ I-NP 3150losses NNS I-NP 3151would VBD B-VP 3152not RB B-NP 3153show JJ I-NP 3154up NNS I-NP 3155in IN B-PP 3156the DT B-NP 3157current NN I-NP 3158quarter IN B-PP 3159. . O 3160The DT B-NP 3161Federal JJ I-NP 3162Deposit NN I-NP 3163Insurance IN B-PP 3164Corp NNP B-NP 3165(FDIC) NNP I-NP 3166said VBD B-VP 3167three NN B-NP 3168troubled VBD I-NP 3169banks NNS I-NP 3170in IN B-PP 3171Texas NNP B-NP 3172and CC I-NP 3173Louisiana NNP I-NP 3174were VBD B-VP 3175merged VBN I-VP 3176with IN B-PP 3177healthy NN B-NP 3178financial JJ I-NP 3179institutions NNS I-NP 3180. . O 3181The DT B-NP 3182FDIC NNP I-NP 3183said VBD B-VP 3184it PRP B-NP 3185subsidized VBD B-VP 3186the DT B-NP 3187merger NN I-NP 3188of IN B-PP 3189Central JJ B-NP 3190Bank NNP I-NP 3191and CC I-NP 3192Trust JJ I-NP 3193Co NNP I-NP 3194, , I-NP 3195Glenmora NNP I-NP 3196, , I-NP 3197La. NNP I-NP 3198, , I-NP 3199with IN B-PP 3200the DT B-NP 3201healthy NN I-NP 3202Peoples NNS I-NP 3203Bank NNP I-NP 3204and CC I-NP 3205Trust JJ I-NP 3206Co NNP I-NP 3207, , O 3208Natchitoches NNS B-NP 3209, , O 3210La. NNP B-NP 3211, , O 3212after IN B-PP 3213state NN B-NP 3214regulators VBN B-VP 3215notified VBN I-VP 3216it PRP B-NP 3217that IN B-PP 3218Central JJ B-NP 3219was NNS I-NP 3220in IN B-PP 3221danger NN B-NP 3222of IN B-PP 3223failing VBG B-NP 3224. . O 3225Central JJ O 3226had VBD B-VP 3227assets NNS B-NP 3228of IN B-PP 322928.3 CD B-NP 3230mln NN I-NP 3231dlrs NN I-NP 3232. . O 3233The DT B-NP 3234FDIC JJ I-NP 3235said VBD B-VP 3236the DT B-NP 3237deposits NN I-NP 3238of IN B-PP 3239the DT B-NP 3240failed NN I-NP 3241Farmers NNS I-NP 3242State VBD B-VP 3243Bank NNP B-NP 3244, , O 3245Hart NNP B-NP 3246, , O 3247Tex NNP B-NP 3248. . O 3249, , O 3250were VBD B-VP 3251assumed VBN I-VP 3252by IN B-PP 3253Hale NNP B-NP 3254County NNP I-NP 3255State NNP I-NP 3256Bank NNP I-NP 3257, , O 3258Plainview NNP B-NP 3259, , O 3260Tex NNP B-NP 3261. . O 3262Farmers NNS B-NP 3263, , O 3264with IN B-PP 32659.6 CD B-NP 3266mln NN I-NP 3267dlrs NN I-NP 3268in IN B-PP 3269assets NN B-NP 3270, , O 3271was VBD B-VP 3272closed VBN I-VP 3273by IN B-PP 3274Texas NNP B-NP 3275bank NN I-NP 3276regulators NNS I-NP 3277. . O 3278The DT B-NP 3279deposits NN I-NP 3280of IN B-PP 3281the DT B-NP 3282failed NN I-NP 3283First IN B-PP 3284National JJ B-NP 3285Bank NNP I-NP 3286of IN B-PP 3287Crosby NNP B-NP 3288, , O 3289Crosby NNP B-NP 3290, , O 3291Tex NNP B-NP 3292. . O 3293, , O 3294with IN B-PP 3295total JJ B-NP 3296assets NNS I-NP 3297of IN B-PP 32988.2 CD B-NP 3299mln NN I-NP 3300dlrs NN I-NP 3301, , O 3302were VBD B-VP 3303assumed VBN I-VP 3304by IN B-PP 3305Central JJ B-NP 3306Bancshares NNS I-NP 3307of IN B-PP 3308the DT B-NP 3309South NNP I-NP 3310Inc NNP I-NP 3311, , O 3312Birmingham NNP B-NP 3313, , O 3314Ala. NNP B-NP 3315, , O 3316after IN B-PP 3317First JJ B-NP 3318National JJ I-NP 3319was VBD I-NP 3320closed VBN B-VP 3321by IN B-PP 3322federal JJ B-NP 3323bank NN I-NP 3324regulators NNS I-NP 3325, , O 3326the DT B-NP 3327FDIC NNP I-NP 3328said VBD B-VP 3329. . O 3330Brazil's JJ O 333114-bank NN B-NP 3332advisory NN I-NP 3333committee NNP-named I-NP 3334expressed VBN B-VP 3335" IN B-PP 3336grave JJ B-NP 3337concern NN I-NP 3338" NN I-NP 3339to TO B-PP 3340chief NNP B-NP 3341debt VBD B-VP 3342negotiator NN B-NP 3343Antonio RB B-ADVP 3344Padua NNP-5 B-NP 3345de VBD B-VP 3346Seixas NNS B-NP 3347over IN B-PP 3348the DT B-NP 3349country's NN I-NP 3350suspension NN I-NP 3351of IN B-PP 3352interest JJ B-NP 3353payments NNS I-NP 3354, , O 3355according IN B-PP 3356to TO B-PP 3357a DT B-NP 3358telex NN I-NP 3359from IN B-PP 3360committee NN B-NP 3361chairman NN I-NP 3362Citibank NNP I-NP 3363to TO B-PP 3364creditor NN B-NP 3365banks NNS I-NP 3366worldwide VBD B-VP 3367. . B-NP 3368Bankers NNS I-NP 3369said VBD B-VP 3370the DT B-NP 3371diplomatic NN I-NP 3372phrase NN I-NP 3373belied VBN B-VP 3374the DT B-NP 3375deep NN I-NP 3376anger IN B-PP 3377and CC O 3378frustration VBN B-VP 3379on IN B-PP 3380the DT B-NP 3381committee NN I-NP 3382over IN B-PP 3383Brazil's NNP B-NP 3384unilateral JJ I-NP 3385move NN I-NP 3386last JJ B-NP 3387Friday NNP I-NP 3388and CC O 3389its NNS B-NP 3390subsequent JJ I-NP 3391freeze NNS I-NP 3392on IN B-PP 3393some DT B-NP 339415 CD I-NP 3395billion NN I-NP 3396dlrs NN I-NP 3397of IN B-PP 3398short-term NN B-NP 3399trade NN I-NP 3400and CC O 3401interbank RB B-NP 3402lines NNS I-NP 3403. . O 3404Seixas NNS B-NP 3405, , O 3406director NNS B-NP 3407of IN B-PP 3408the DT B-NP 3409Brazilian JJ I-NP 3410central NN I-NP 3411bank's NNS I-NP 3412foreign IN B-PP 3413debt NN B-NP 3414department NN I-NP 3415, , O 3416met IN B-PP 3417the DT B-NP 3418full JJ I-NP 3419panel NN I-NP 3420on IN B-PP 3421Tuesday NNP B-NP 3422and CC I-NP 3423Wednesday NNP B-NP 3424. . O 3425Seixas NNS B-NP 3426, , O 3427who NNS B-NP 3428met NN I-NP 3429again IN B-PP 3430this DT B-NP 3431morning VBG I-NP 3432with IN B-PP 3433senior NNP B-NP 3434Citibank NNP I-NP 3435executive JJ I-NP 3436William . I-NP 3437Rhodes NNS I-NP 3438and CC I-NP 3439representatives NNS I-NP 3440from IN B-PP 3441committee NN B-NP 3442vice-chairmen VBN I-NP 3443Morgan NNP I-NP 3444Guaranty NNP I-NP 3445Trust JJ I-NP 3446Co NNP I-NP 3447and CC I-NP 3448Lloyds NNP I-NP 3449Bank NNP I-NP 3450Plc NNP I-NP 3451, , O 3452told JJ B-NP 3453the DT I-NP 3454banks NNS I-NP 3455that IN B-PP 3456the DT B-NP 3457government NN I-NP 3458was VBD B-VP 3459preparing VBG I-VP 3460a DT B-NP 3461telex NN I-NP 3462to TO B-PP 3463explain NNS B-NP 3464and CC O 3465clarify VB B-VP 3466the DT B-NP 3467freeze NN I-NP 3468on IN B-PP 3469short-term JJ B-NP 3470credits NN I-NP 3471. . O 3472The DT B-NP 3473telex NN I-NP 3474could VBN B-VP 3475be VB I-VP 3476sent NN B-NP 3477to TO B-PP 3478creditors NN B-NP 3479as IN B-PP 3480early NN B-NP 3481as IN B-PP 3482today NN B-NP 3483, , O 3484bankers NNS B-NP 3485said VBD B-VP 3486. . O 3487Despite JJ O 3488the DT B-NP 3489rising VBG I-NP 3490tempers NNS I-NP 3491, , O 3492bankers NNS B-NP 3493said VBD B-VP 3494there EX B-NP 3495are VBP B-VP 3496no RB I-VP 3497plans VBN I-VP 3498for IN B-PP 3499Brazilian NNP B-NP 3500finance NN I-NP 3501minister NN I-NP 3502Dilson NNP I-NP 3503Funaro NNP I-NP 3504to TO B-PP 3505meet JJ B-NP 3506commercial NN I-NP 3507bankers NNS I-NP 3508during IN B-PP 3509his NNS B-NP 3510trip VBD B-VP 3511to TO B-PP 3512Washington NNP B-NP 3513on IN B-PP 3514Friday NNP B-NP 3515and CC O 3516Saturday NNP B-NP 3517. . I-NP 3518Funaro NNP I-NP 3519will MD B-VP 3520be VB I-VP 3521explaining VBG I-VP 3522Brazil's NNS B-NP 3523actions VBD B-VP 3524to TO B-PP 3525U.S. NNP B-NP 3526Treasury NNP I-NP 3527Secretary NNP I-NP 3528James NNP I-NP 3529Baker NNP I-NP 3530, , O 3531Federal JJ B-NP 3532Reserve . I-NP 3533Board NNP I-NP 3534chairman NN I-NP 3535Paul default I-NP 3536Volcker NNP I-NP 3537and CC I-NP 3538International JJ I-NP 3539Monetary NNP I-NP 3540Fund NNP I-NP 3541managing VBG B-VP 3542director IN B-PP 3543Michel default B-NP 3544Camdessus NNP I-NP 3545before NN I-NP 3546travelling IN B-NP 3547to TO B-VP 3548Europe VB I-VP 3549at IN B-PP 3550the DT B-NP 3551weekend JJ I-NP 3552. . O 3553Sentence NN B-NP 3554number NN I-NP 35551 CD I-NP 3556has VBZ B-VP 35576 CD I-NP 3558words NNS I-NP 3559. . O 3560Sentence NN B-NP 3561number NN I-NP 35622 CD I-NP 3563, , O 35645 CD B-NP 3565words NNS I-NP 3566. . O 3567