ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

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To: ajtj99 who wrote (58036)	4/28/2022 6:20:06 AM
From: roto	3 Recommendations of 98728

sorry for the late reply.. as far as the Fed goes, they have to play shitty cards as legislated.. I'm thinking the assholes in the late '90s congress eliminated the Glass-Steagall Act's restrictions on commercial and investment banks involvement. re: Continental Illinois rescue back in, what, 1984 my 1st real job.. Jan'65 International Banking Dept, foreign currency trade (they were something.. on LaSalle St & Jackson, the Chicago Board of Trade & the Chicago Feb sharing that same corner). actually they got caught up with the energy b.s. in the early '80s.. effectively out of business. in my inaugural year of employment, Continental was the largest bank between the coast, the 8th largest bank in America. your mention of Paul Volker was very true. in fact, his monetary policy helped cause Carter to loose his presidency. he was head of the fed for most of Reagan's presidency. maybe ironic for a conservative, but as I recall Reagan tripled the deficit. political definitions, somewhat fluid.

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