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To: John Rowton who wrote (132531)6/12/1999 11:10:00 PM
From: TTOSBT  Respond to of 176387
 
Re: "The other is the carry over from all of the hedge funds borrowing yen at 1% and then converting to dollars for the 5%"

So then Greenspan should raise rates to 6+% giving them more profit's at the expense of American investors? Beginning to wonder how much of that increase goes to Greenspan?

Besides isn't that why he lowered last year because of liquidity problems?

TTOSBT


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