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To: Rarebird who wrote (62224)12/25/2000 1:22:20 PM
From: Crimson Ghost  Respond to of 116758
 
One of the big problems with gold manipualtion today is that it is done in secret. The 1960s London Gold Pool was never a secret. But to the extent that SECRET Gold manipulation has caused substantial losses to people without an inside track to the manipulation -- GATA may have a good case.

Gold manipulation is one thing. But doing it secretly so that a small group of well connected bullion banks benefit at the expense of public investors is something else entirely.

BTW, the London Gold Pool ultimately failed. Who can say that the current manipulation will not end the same way.



To: Rarebird who wrote (62224)12/26/2000 10:14:16 AM
From: long-gone  Respond to of 116758
 
Hillary gives Wall St. firms the jitters
Securities industry braces for loss of influence and seat on banking panel
by Alice Lipowicz

Wall Street lobbyists are scrambling to head off an erosion of the influence that they have long exercised on Capitol Hill through the two senators who could always be counted on to be most in tune with their interests—the two New Yorkers.

With only four weeks to go before the new Congress convenes, not only does it look like there will be no New Yorker on the key Senate Banking Committee, but the securities industry is also increasingly rattled about Sen.-elect Hillary Rodham Clinton.

(cont)
crainsny.com