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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (10565)	2/17/2000 12:45:00 PM
From: accountclosed	Read Replies (2) \| Respond to of 42523

grant's "money of the mind" said credit was the moral equivalent of money...now stocks are also money of the mind.

To: Cynic 2005 who wrote (10565)	2/17/2000 7:16:00 PM
From: NickSE	Respond to of 42523

GREENSPAN Q&A-PART 5: Margin debt, hedge funds biz.yahoo.com ...As I've said before, and I'll merely repeat, we are aware of something that appears to be somewhat different from what we have seen (<-----RAZOR SHARP ANALYSIS). The issue that engaged us was not so much the rise in margins. It was the rise in margins relative to the value of assets, even though it is an extremely low base. But it was accelerating and indeed has. But that type of spike or statistical aberration invariably captures attention one way or another."