Ask Michael Burke Message Board

STOCKTALK

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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (43488)	1/15/1999 6:12:00 PM
From: Cynic 2005	Read Replies (3) of 132070

Mike Do you believe this? ------- Alan Greenspan recently wrote the following in response to a query by Congressman Ron Paul, (R-Texas) a member of the House Banking Committee: "The Federal Reserve has never intervened in the U.S. equity market in any form, either in the equity market itself or in the futures market, for its own account, for the [Exchange Stabilization Fund], or for any other Treasury account. The Federal Reserve has never encouraged broker/dealers to purchase stocks or futures contracts. The Federal Reserve has never had any "understandings" with any firms about compensating them in any manner for possible losses on such purchases." ---- BTW, this thread is waiting for your arrival! -g- exchange2000.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next