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To: 16yearcycle who wrote (44948)10/15/1999 1:51:00 PM
From: SKIP PAUL  Read Replies (1) | Respond to of 152472
 
I think one more speech like the one last night and I would be convinced that he is warning in advance that he is going to raise margin requirements.

That is exactly what he was doing last night. He was asking the bankers to raise margin requirements. The fed is getting out of the business of setting margin requirements as I understand it.


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