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Pastimes : Ask Mohan about the Market

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To: Elllk who wrote (7732)11/12/1997 8:24:00 PM
From: Jack Clarke  Read Replies (3) of 18056
 
Larry:
Doesn't it gall you that the tax money of real people who have to buy kids' shoes is used to bail out stupid people and governments? And it's not for any altruistic reason, in my cynical view, but just to keep the current politicians in power. But you're right in that there is a limit -- Asia may be too big to fail, but too big to bail out. By the way, it's intesting that the rally on Globex of the last few minutes seems to have fizzled.

Jack
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