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To: Ken98 who wrote (16563)9/7/2000 10:43:20 AM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<Federal Reserve Bank of New York President William McDonough said on Wednesday that although the U.S. current account deficit was large, he saw little chance of a run on assets that could crush the dollar.>

<"If people lost confidence in the dollar, where would they go?" McDonough told a conference on globalization sponsored by the U.S. Foreign Policy Association.>>

Oh, well THAT's a good justification... we're the only game in town, so GFY. How many business' have lost it all with that attitude. What a dolt.

DAK



To: Ken98 who wrote (16563)9/7/2000 11:01:23 AM
From: pater tenebrarum  Respond to of 436258
 
the hubris is breathtaking....



To: Ken98 who wrote (16563)9/7/2000 11:10:28 AM
From: Oblomov  Read Replies (2) | Respond to of 436258
 
The Banker and the Fisherman:

piraz.com