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To: Yogizuna who wrote (35793)12/22/1999 5:00:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Yogi, i agree. they have allowed an opportunity to wring out the excesses from the system to slip by and have thereby increased the risks immeasurably. by assuring the gamblers that no matter how bad their bets, they can always count on the combination of easy Al and the tax payer to bail them out, moral hazard was raised to heretofore unknown levels.

hb