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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: flatsville who wrote (8699)	9/18/1999 12:23:00 AM
From: David Eddy	Read Replies (1) \| Respond to of 9818

flatsville - I still haven't found the answers. (Galbraith was no help, Withdrawals by the BIG depositors...they were connected, & warned by the bank owners. The little guys left their money in. Excellent research! You've very close. The individual who conducted research in 1936 was Lauchlin Currie who'd come to the Federal Reserve from Harvard in 1934. Prior to Currie's primary research (unemployed ex-bankers plowing thru records), it simply wasn't known. It's even possible (fuzzy memory here, overloaded with far too many legends) that Currie was also the person who brought JKG to Washington. Please to correlate this discovery with recent, repeated announcements that the Fed is opening a special liquidity window to be open from October '99 thru April '00. Fairly esoteric information, but if you follow this sort of stuff, it does indicate that Greenspan & Co. is paying attention & proactively moving to be ahead of the curve. - David