Ask Mohan about the Market Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: maps who wrote (16514)	9/25/1998 5:37:00 PM
From: Link Lady	Read Replies (2) of 18056

Hi maps Sometimes they're over my head as well, but I understand most of it, Valitility in the market place. What Did Greenspan Know and When Did He Know It? While Washington is still stuck on the issues surrounding the impeachment inquiry into President Bill Clinton's behavior -- Gennifer Flowers was offering economic advice on Larry King last night -- Wall Street has moved on to bigger and better things: the rescue of premiere hedge fund Long-Term Capital Management LP by a consortium of 14 banks and investment banks, facilitated by the Federal Reserve. Wall Street's interest is personal. The banks have money on the line. Whether you buy the Fed's position that it just facilitated the rescue, or whether you subscribe to the theory that the Fed pledged a rate cut in return for the banks' help, after all was said and done, the reason the banks ponied up $3.5 billion for Long-Term Capital is because the losses to their firms would have been greater had they not extended additional credit. news.com Next Tuesday's the day. Watch out if all of us have heard him incorrectly. Let's hope we all guess correctly Wendy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next