Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: QwikSand who wrote (39938)	1/1/2001 12:46:24 PM
From: Haim R. Branisteanu	Respond to of 64865

QS, there is more than that. Please remember how the FED is organized and who is electing the FED members ...... politicians and Commercial Banks promote those who will guard their interest and profits.......... yes and they do not have your well-being in mind. federalreserve.gov Now that Commercial Banks are in the Brokerage business, selling of stocks and other derivatives it is obvious that they elect those who will accommodate their wish. So it is not as innocent as you may think. Secondly do you know were Rubin works now? at Citi one of the biggest WS institution in the world --- Insurance , Brokerage and some Banking. As to the openness of the FED is much to be desired aside AG was directly asked about the bubble in stocks in one of his testimony before congress, do you remember his answer? Well in a nut shell "what Bubble .... the market is smarter ..... we had tremendous efficiency improvements ..... etc. ...... so how is that different from a snake oil seller?? ..... and he said that at a time he retracted liquidity from the market. ........ further did you learn about the big liquidity injection in October 1999? I do not think so nor did you learn about the liquidity protraction in March 2000........ but those close to the FED members learned well in advance and they are the big financial institutions. It is like delivering insider information to selected few even if it has a macro effect. This graph is worth 100,000 words and denies any innocence from the FED they are to blame for the bubble and the aftermath. stls.frb.org as the James the Captain says ....... so no difference ther from Brokerage houses. Haim