Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (162755)	4/29/2002 12:07:31 AM
From: LLCF	of 436258

Volker and Greenspan disagree on financial engineering: <<The former Fed chief also questioned Wall Street finance wizards, saying 85% of financial engineering is to find way ways around accounting rules and IRS rules, while providing few tangible benefits to the economy or growth. "It moves the money around all right, but I think we have to consider whether all the implications are positive," Volcker said.>> biz.yahoo.com DAK

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