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To: XBrit who wrote (73048)2/28/2001 1:46:58 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
Excusing AG's behaviour over the past 20 years by saying he hasnt room to move is laughable: he moves just the way he and the forces who profit from him want.



To: XBrit who wrote (73048)2/28/2001 2:12:33 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i would agree with that. as someone mentioned on LW, had he admitted publicly that the stock market was in a bubble, he would have been widely expected to do something about it. likewise, his refusal to regulate derivatives may stem from a desire to not see derivatives 'institutionalized'. he probably thinks it best if the market takes care of them by producing a financial accident.