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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Simba who wrote (188655)8/20/2002 10:44:40 AM
From: Mike M2  Read Replies (1) of 436258
 
Simba, I agree AG did much to fuel the bubble. Surprise rate cuts during option expiration. His droning on about productivity boom with the implicit promise of strong profit growth when the reality was we suffered the worst profit decline since the 1930s. AGs strong opposition to derivatives regulation. His refusal to publicly admit there was a stock market bubble when privately he recognized it. AG facilitated the greatest transfer of ill -gotten wealth in history. Mike
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