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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (35581)12/21/1999 1:05:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Mohan, the repealing of Glass Segall (sp) act, put the final nail in the independence of the FED. Regional FED Governors are chosen by the regions banks.

So who you think they will choose wen lending is not as profitable to banks as selling stocks and mutual funds??

BWDIK
Haim