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To: patron_anejo_por_favor who wrote (23045)4/4/2000 9:16:00 PM
From: IceShark  Respond to of 42523
 
As a matter of fact, you could look at it that way. -ng- A Fed member or two are on the Committee.



To: patron_anejo_por_favor who wrote (23045)4/4/2000 11:19:00 PM
From: Ilaine  Respond to of 42523
 
Printing press team is actually carrying out the mandate of the Federal Reserve, more or less. Plunge Protection Team - that's arguable. "Moral hazard" is a term we haven't heard since 1998, but I think the actions of the Fed in October, 1998, laid the ground for the recent debacle, as investors no longer fear risk.