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To: IceShark who wrote (40118)11/22/2000 11:06:00 AM
From: wsringeorgia  Read Replies (2) | Respond to of 436258
 
Ice, if you had $4 million in bills buried somewhere I don't think it would be a good idea to go out and buy a bunch of T-bills; might get you some unwanted attention; of course people with some retail operation can "rotate their stock" but what a bunch of trouble. And this sort of thing is not unusual; LOTS of people, more than any government statistic would ever reveal have similar "misers hoardes". Lots of these people would be small time guys, maybe older folk with an "old timers" distrust of banks and especially people in small time retail business, people who over the years have handled lots of cash and the stuff being cash a portion of it is simply kept off the books and not reported as income. Now most of the people do not understand investment theory; they wouldn't know a T-bill from a food stamp and would only consider hoarding the green stuff itself. One day ALL this stuff will come to market. WSR