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To: pater tenebrarum who wrote (32429)	10/30/2000 6:13:57 PM
From: robnhood	Read Replies (1) \| Respond to of 436258

<<This piece of legislation being promoted by the Clinton Administration would allow a bank or investment firm that becomes insolvent due to derivatives to use the net value of its losses rather than the gross value. >> Wow,,, but isn't this what they did in Japan?

To: pater tenebrarum who wrote (32429)	10/30/2000 6:31:43 PM
From: jttmab	Read Replies (1) \| Respond to of 436258

I followed the links, noted that it was a "Clinton Administration initiative" [Financial Sense On line] ...moved on to house.gov found the house bill; noticed it moved on to the senate...found the bill in the senate...93 pages...back and forth language from the old bill to the new bill...sigh....noted that Sen Lugar was the sponsor and Sen Graham was co-sponsor....concluded that Senators Lugar and Graham must be secret pawns of the Clinton Administration. Maybe something is in there, but heck if people, i.e., Financial Sense on-line, want to play political games they are welcome to do so. They could have pointed to the paragraph if they wanted us to be able to read it for ourselves [if it's in there]. best regards, jttmab