SI
SI
discoversearch

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 : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don Lloyd who wrote (54346)1/5/2001 9:55:44 AM
From: pater tenebrarum  Read Replies (2) of 436258
 
Don, i strongly disagree. it IS significant, because it has never happened before! usually, the formality of a district bank requesting a discount rate cut of more than 25bps. is in place before the official announcement. in other words, what this proves, is that the rate cut was a a seat-of-the-pants, ad hoc, panic decision.
this is why i suspect this was a bail-out, an attempt to halt the developing panic in the stock market, and a bail-out for some big player(s) in trouble.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News