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To: Tommaso who wrote (11067)	12/11/1997 8:49:00 PM
From: Joan Osland Graffius	Read Replies (1) of 18056

Tommaso, >>Instead of jawboning publicly a year ago Greenspan should have raised margin rates to 75% from 50%/ That would have proved he meant busness. The problem with this is that a very small portion of the money in this market is on margins..no mutual funds, institutions, pension funds, etc. But you are correct that it would have got some attention. Joan

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