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To: Monty Lenard who wrote (48520)2/8/2001 10:46:11 AM
From: Stock Farmer  Read Replies (3) | Respond to of 77399
 
Yikes. I agree with Cramer. What is the world coming to?

biz.yahoo.com

John.



To: Monty Lenard who wrote (48520)2/8/2001 10:46:57 AM
From: kvkkc1  Respond to of 77399
 
Agreed. Maybe that was some of the corruption SO referred to in the US.knc



To: Monty Lenard who wrote (48520)2/8/2001 10:03:41 PM
From: Steve  Read Replies (2) | Respond to of 77399
 
Monty, Greenspan and the FOMC removed their bias to tightening in 1998 ahead of the Russian default that triggered the LTCM crisis. Fed funds declined from 5.5 to 4.75 not in complete response to the Russian default and LTCM but to the sluggish behavior of the markets after the initial 1/4 point decrease. LTCM had long been liquidated when the other rate decreases took place.


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