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To: Ilaine who wrote (79811)3/14/2001 3:24:14 PM
From: John Pitera  Respond to of 436258
 
BC, building upon you're thoughts, the increasing globalization of the banking system does make it more
difficult for the FED to implement monetary policy, from my perspective. technology and these real time
flows have increased leverage in the entire banking system, imo.

John