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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (1279)	12/5/2000 10:22:04 PM
From: Scott Bergquist	Read Replies (1) \| Respond to of 74559

Perhaps the leaders of foreign countries' indifference was well-founded! I omit the Russians, who had huge potential problems, and a great track record of fuckups; with their nuclear stockpile, the world cannot afford their negligence. AG relied on others for his decision, and distancing himself from the problem gave him a distorted notion of how much $$ was "too much". I was at BofA at the time; NationsBank folk were all lathered about potential problems, but no one was prominently suggesting a run on ATM cash, which I think Greenspan envisioned as the worst case ...