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To: Andreas who wrote (90624)	4/7/2001 8:10:36 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

rate meeting notice ?? by: sherlock33030 04/07/01 06:58 pm EDT Msg: 228850 of 228850 rate meeting notice by: rosesinmaine (42/M/MI) 04/07/01 06:47 pm EDT Msg: 62254 of 62254 Ê Government in the Sunshine Meeting Notice Advance Notice of a Portion of a Meeting under Expedited Procedures It is anticipated that a portion of the closed meeting of the Board of Governors of the Federal Reserve System on Monday, April 9, 2001, will be held under expedited procedures, as set forth in section 26lb.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th Street and C Streets, N.W., Washington, D.C. The following items of official Board business are tentatively scheduled to be considered at that meeting. Meeting date: April 9, 2001 Matters to be Considered: 1. Application by Comerica Bank, Detroit, Michigan, to establish a branch in Toronto, Canada. 2. Review and determination by the Board of Governors of the rates of discount to be charged by Federal Reserve Banks. A final announcement of matters considered under expedited procedures will be available in the Board's Freedom of Information and Public Affairs Offices and on the Board's Web site following the closed meeting. Contact Person for More Information: Lynn S. Fox, Assistant to the Board; 202-452-3204. Supplementary Information: You may call 202-452-3206 beginning at approximately 5 p.m. two business days before this meeting for a recorded announcement of any bank and bank holding company applications scheduled for the meeting; or you may contact the Board's Web site at federalreserve.gov for an electronic announcement about applications and other expedited items, as well as procedural and other information about the meeting. xxxxx Dated: April 5, 2001

To: Andreas who wrote (90624)	4/8/2001 12:07:33 PM
From: Jim Muskett	Read Replies (1) \| Respond to of 97611

Andreas: Thanks for the observation. The "person on the street" feedback you give (re: RadioSchack) is pretty disconcerting. As to Greenspan, I recall a flurry of discussion as to whether he was targeting the stock market runup with the FOMC's relentess racheting of interest rates. He disavowed any targeting and instead offered that the FOMC main objective was to keep a lid on inflationary pressures. Was that believable ? Not to me. With respect to the emergency meeting, I'm assuming you've checked this Fed Reserve link: federalreserve.gov The contents were also posted by another on the CPQ thread. Jim