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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (38569)	10/17/2000 1:15:38 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 57584

That could be, those 2 pushing the issue, but the FED and Treasury would have to bail them out anyway, as they can't have banks collapse at this point on a run of bad loans, so better to shift the burden, like laying off a bet in Vegas. The timing of the proposal of such a move is suspect to me. Not a vote of confidence for the markets, Imo. Just as the FED is a private entity, how many people that own Fannie May & Fred Mac bonds know they are private too? If bonds issued by those 2 ever go sour, oh boy! I think they call them quazi govt entities..A risky bet, what with real estate as overvalued as the nasdaq was at it's peak.