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To: Cynic 2005 who wrote (46759)6/13/1999 4:48:00 PM
From: BGR  Read Replies (2) | Respond to of 86076
 
I do certainly hope that what you quote is accurate, Mohan! (Given the author, I guess that I should hope harder ... though.) Given a choice between inflation and liquidity problems, I would take liquidity problems any day as it is easily curable.



To: Cynic 2005 who wrote (46759)6/13/1999 7:02:00 PM
From: Haim R. Branisteanu  Respond to of 86076
 
Mohan from your reference post this paragraph is very interesting.
#reply-10094969

The U.S. Attorney's office in New York said "no thanks."

A second defendant said he, too, was willing to give damaging leads to prosecutors about one of those same firms. He was also told the feds weren't interested.

Then there is the case of a third man who recently came to my attention - a guy named Edward Manfredonia who's been carrying on a five-year correspondence with federal prosecutors in hopes he'll get someone interested in corruption on Wall Street.

"In the beginning, they were very interested. They wired me. They were going to tap my phone. And then it died," said Manfredonia, who was a trader on the floor of the American Stock Exchange before he turned into a whistle-blowing, letter-writing reformer. Some members of the Amex "bragged that it wouldn't be investigated. It went too high" - involved important people - said Manfredonia, whose accusations have been partly aired already in a series of Business Week stories.


Haim



To: Cynic 2005 who wrote (46759)6/14/1999 7:47:00 AM
From: MythMan  Read Replies (2) | Respond to of 86076
 
The only folks more WRONG! than Murphy have been the Ableson/Fleck/Tice/Taurus axis -g-