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To: Haim R. Branisteanu who wrote (35592)12/21/1999 1:29:00 PM
From: pater tenebrarum  Respond to of 99985
 
Haim, btw, of the roughly $130 billion the Fed added via repos to the system since October 6 (!), approximately 30 % were assigned to loans with brokers and dealers and loans to purchase and carry securities. in other words, the Fed knowingly inflates the bubble on credit...there is no other conclusion possible.

hb