House Majority Leader Dick Armey (R-Tex.) privately concedes that Administration scare talk about an Asian financial meltdown has secured House passage this spring of a bill giving $18 billion to the International Monetary Fund. A furious Armey, who opposes the measure, grouses that Treasury Secretary Robert E. Rubin raised unwarranted fears that North Korea might invade a weak South Korea. "Rubin's credibility is shot," says an Armey confidant.

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