Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (32895)	11/2/1998 8:17:00 AM
From: Haim R. Branisteanu	Read Replies (2) of 94695

Skeet all right, unfortunately you are mixing rotten apples with oranges. That may be the impression of the un-informed. Today WSJ has some new relevation and would also strongly suggest to learn or study the various laws governing banks and investments. 1. Bank are supposed to make loans to the real economy 2.Insurance companies are supposed to insure risk in the real economy 3. Brokerage houses are supposed to broker between sources of capital and economic entities 4. The FED is supposed to bring about CURRENCY stability and economic growth without inflation So none of the above are supposed to get involved in speculation of financial assets or the bail out of those that erred. Unfortunate they are doing so each for it's own reason driven by pure greed and not in the long term interest of a healthy economy. BWDIK Haim

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