Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: pater tenebrarum who wrote (31067)	5/4/2000 10:18:00 AM
From: MythMan	Read Replies (2) \| Respond to of 42523

>>Greenspan said market participants should not rely on the Fed to bail them out in the event of a bank failure. "We must be careful not to foster an expectation that policymakers will ultimately solve all serious potential problems and disruptions," he said. In the event of a failure, "shareholders would not be protected, and I would envision appropriate discounts or 'haircuts' for other than federally-insured liabilities," he said.<< cnnfn.com roflmao! His bullS*(t betrays him.. He'll bail anything.