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To: Kenya AA who wrote (4739)10/18/1999 12:30:00 PM
From: Night Writer  Read Replies (1) | Respond to of 12663
 
K,
I read the speech some time back. I remember one poster describing it as banking 101. With your background, you read it with a more knowable eye then most people. However, perception is often more important then the facts to Wall Street.
NW



To: Kenya AA who wrote (4739)10/18/1999 1:13:00 PM
From: Mao II  Read Replies (1) | Respond to of 12663
 
K: I think the issue for Greenspan is the level of exposure banks have to derivatives. Very very high. That was what he was addressing in his speech last Thurs. M2


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