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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (25200)12/22/1997 1:18:00 PM
From: Earlie  Read Replies (1) of 132070
 
SB:
See earlier comment in reply #25,195. Probably worried unecessarily, but see the choice between sacrificing a few shorts and saving a brokerage house (or brokerage industry) as a "no-brainer" for the authorities. The public sure wouldn't weep, in fact most would see it as appropriate "reward" for those evil bears who "caused" them to lose money in a crash. (g)
Can't say as I would disagree with their point of view (big g), given the size of the losses that might be at hand.
Best, Earlie
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