51.   Pressure from the Bank of Japan, the Bank of England and others on foreign banks to have them rollover loans to Korean banks will also ease debt repayment.

52.   Rising defaults have prompted international credit ratings agencies to question whether Korean banks will be able to keep paying their own debts.

53.   Some American money market funds held Korean bank debt when those economies began their slump.

54.   South Korean stocks rose for a second day amid speculation Korean banks may be bought by foreign banks.

55.   Still the banks want to find a solution because the alternative may be losing more of their money if the crisis deepens and Korean banks default.

56.   The bailout underscores the depth of the crisis facing Korean merchant banks and the entire financial industry.

57.   The firms are waiting for the commercial banks to reach an agreement to repackage Korean bank loans before scheduling the sale.

58.   The free fall in the currency reflects frantic attempts by Korean banks and corporations to buy dollars with won to pay foreign debts.

59.   The high interest Korean banks must pay to extend loans underscores how important it is for Korea to reach that agreement.

60.   The IMF aid could help convince foreign banks, meeting in New York later today, to roll over loans to Korean banks.