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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (1963)5/27/1998 9:27:00 AM
From: Joseph G.  Read Replies (1) of 86076
 
<<MOSCOW, May 27 (Reuters) - Russia's central bank said it had responded adequately to government debt market panic by tripling interest rates to 150 percent on Wednesday.

''We wanted to pour some cold water on the market players,'' said First Deputy Chairman Sergei Aleksashenko. ''There was no other explanation for what happened with
longer paper than psychosis...We think that we have responded adequately to the situation which took shape today.'' >>
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