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: Box-By-The-Riviera™ who wrote (77501)3/8/2001 8:03:27 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
<<His innovative streak was evident, colleagues say, in the New York Fed's new liquidity measures introduced ahead of the transition to year 2000 as insurance policy against any catastrophic computer failure due to the so-called Y2K bug or a run on banks.

Under those measures, the Fed flooded the banking system with liquidity, partly by expanding the types of collateral it accepted for repurchase operations.

Y2K turned out to be no panic but the special liquidity measures kept confidence in the banking system high and contributed to a sense of calm in the markets around the turn of the century.>>

so the bubble pump that brought us the NAZ blow-off is now called 'an innovative streak'?? how's that for spin? they should lock the dude up, not promote him...sense of calm, my ass...
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