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To: BGR who wrote (82704)1/6/2000 5:38:00 PM
From: Ken98  Read Replies (1) | Respond to of 86076
 
BGR, how do you explain then the addition of PERMANENT reserves during the y2k pump-fest? In fact, even the gall of doing a coupon pass a couple of days after RAISING rates the last time?



To: BGR who wrote (82704)1/6/2000 7:35:00 PM
From: Mike M2  Read Replies (1) | Respond to of 86076
 
BGR, they could have devised a way for the banks to have reserves at their disposal for emergency needs only related to Y2K instead of just adding reserves with no strings attatched. mike


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