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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (16978)11/3/1998 7:47:00 AM
From: Haim R. Branisteanu  Read Replies (1) of 18056
 
<<< headed once more to an era filled with dirty politics, including impeachment hearings and uncertainty>>>

Zeev read today's WSJ


CFTC Chief Refuses to Take Back Seat in Derivatives Debate


Speaking of conspiracies and manipulation of markets by government agencies like the FED.

"Non less than Federal Reserve Chairman Alan Greenspan, Treasury Secretary Robert Rubin and... Arthur Levitt have tried to muzzle her, (Brooksley Born) claiming treats of new oversight could unsettle markets and trigger lawsuits"


Translation let the Old Boy Network do it's "faule stick" in manipulating the markets to their own benefits at the loss of other market participants.

BWDIK

Haim
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