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To: long-gone who wrote (45111)11/17/1999 8:14:00 AM
From: lorne  Read Replies (1) | Respond to of 116954
 
White House denies
bank-closing plan
President has authority
to declare national holiday
Federal Reserve Chairman Alan Greenspan cautioned Americans not to withhold or withdraw "inordinate amounts of cash."

"I'm sure that people will get very wise soon and recognize that the last thing you want to do is to draw inordinate amounts of currency out of the banks," he said, noting that people who have large cash reserves may be become subject to robberies by thieves who "see an opportunity to get their hands on some real cash."
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