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To: Haim R. Branisteanu who wrote (41705)1/28/2001 3:22:02 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 42787
 
>>Bubbles can be avoided by increasing margin requirements<<

I fully agree but AG talks out both sides of his mouth. He says he doesn't want a bubble or irrational exuberance but then he floods the market with cash using repos and coupon passes and refuses to raise margin requirements saying it would be unfair.

I would be all for cutting interest rates if he would raise margin.

Good Luck,

Lee