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To: flatsville who wrote (57431)1/12/2001 7:50:40 AM
From: Wyätt Gwyön  Respond to of 436258
 
ho ho ho **** General Electric (GE) 46 9/16: NBCwill lay off up to 600 staff, or 10% of its work force, over the next six months due to weakening ad sales, trade paper Daily Variety reports.



To: flatsville who wrote (57431)1/12/2001 8:04:41 AM
From: accountclosed  Read Replies (1) | Respond to of 436258
 
what would we expect to see in the aftermath of a 50 basis point fed funds reduction? fed funds being the market where banks loan reserves to each other. would the fed not have to "print" reserves in order to effect the rate reduction that was announced? fed funds is a supply/demand marketplace. when the fed announces a lower target, don't they have to follow through?


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