SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Bid /Ask Spreads - Market Manipulation
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ---------- who wrote (221)12/7/1996 12:53:00 PM
From: ----------   of 308
 
TO ALL: Alan Greenspan

As long as this topic is partially called "market manipulation"
I just want to blow off some steam about what Greenspan did.

If ANYONE in this country other than a high ranking Washington D.C.
official did what Greenspan did Thursday night, there would have been a team of black shirt helmeted Govt. "agents" with their bullet proof
vests Busting down your doors, coming through your windows and dragging you out of your bed in the middle of the night!

You would be held without bail, your family would have no clue where
you were and your "roomate" would want to be your proctologist.

But, if Alan Greenspan says "there is way too much speculation in the
stock markets & if it doesn't come down I'm going to raise interest
rates until it does". THAT is just fine?!

No, it is NOT just fine! It is market manipulation at the highest level, plain and simple. The U.S. Governmental system has a method
for regulating the amount of speculation in the securities markets.
It is called Regulation T. At a meeting of the ENTIRE board of
all 12 Federal Reserve Governors, they can VOTE on whether or not
they wish to raise the Regulation T initial or maintenance requirements.

THAT IS THE LAW. It is NOT up to Obergrupenfueher Greenspan to issue
personal edicts that cost individual investors around the world Billions of dollars.

Yes, I am hot. Yes, I lost money because of his comments. Realized
losses not paper. Yes, I would sue him and his big mouth that is NOT engaged to his brain.... except for one thing.. in Amerika, you cannot
sue a Government offical, even a financial war criminal like Greenspan.

Doug
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News