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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (76045)	2/17/2000 12:12:00 AM
From: Mike M2	Respond to of 132070

Anderson writes about Warren Harding's appointment of Daniel Crissinger to head the Federal Reserve Board over the protest of the financial community and Treasury Secretary Mellon " Crissinger had no grasp of Federal Reserve policy . His purposes were political. those things were right which would help reelect Warren G. Harding . Those things were wrong which would interfere with the reelection of Warren G. Harding. Sound Federal Reserve policy might be desirable but not unless it were politically popular. It was easy for Governor Strong to dominate such a man, and, through him, the board. governor Strong had no fundamental grasp of the problems of central banking. His statements in private discussion regarding his policies indicated that they were short-run policies and, at times, contradictory." p.129 Mike ho ho ho

To: Knighty Tin who wrote (76045)	2/17/2000 10:34:00 AM
From: Monish Shelat	Read Replies (1) \| Respond to of 132070

Mike, Any opinion on NGH ( Nabisco Group Holdings) ? Thanks Monish

To: Knighty Tin who wrote (76045)	2/17/2000 1:49:00 PM
From: Knighty Tin	Read Replies (7) \| Respond to of 132070

To All, Zee bios, boss, zee bios. GZTC is amazin', though I am out of it. HQH and HQL are also amazin' and got a nice writeup by Herb Greenberg. Too bad nobody mentioned that I picked HQL in "Kiplinger's" in May of 1995 and 450% ago. <g> I am also out of HQL, but I still hold HQH, Frank Cappiello's pick in the same issue. Frank and I ought to get together and teach folks how to pick closed end funds. vbg I am not recommending any of these stocks at these levels. They are getting as crazy as the info tech stocks. However, stuff like MOGN, LGND and GZTR still look reasonable to me and may accidentally be the next phase.