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To: chic_hearne who wrote (96528)	4/19/2001 6:17:09 PM
From: jjetstream	Read Replies (2) \| Respond to of 436258

<Any idea what's really going on> I'm very curious too, I have to believe that something macro is very, very concerning to AG.....come the fall, it will be interesting to see what crawls out from under the mattress......

To: chic_hearne who wrote (96528)	4/19/2001 6:26:05 PM
From: Roads End	Respond to of 436258

CNBS tried to spin it that AG got the unemployment filing report a day early. They had the exact time he received it and that he happened to be on a conference call with the other govs when he got it. The story goes it looked so bad he had to act. When the report was released this morning it didn't look any different than the prior week so I think that was just BS.

To: chic_hearne who wrote (96528)	4/19/2001 6:53:04 PM
From: Mark Marcellus	Read Replies (1) \| Respond to of 436258

Does this work? The only thing that Greenspan fears more than a bubble induced market meltdown is inflation. Inflation numbers were very non scary so now his fear of market meltdown takes over. It's a theory.

To: chic_hearne who wrote (96528)	4/19/2001 7:11:33 PM
From: pater tenebrarum	Respond to of 436258

well, since they SAID they wanted to prop the market (the disappearance of equity wealth was mentioned in the statement as one of the reasons for the cut), one must assume the real reason was actually not that. there were vague rumors (unconfirmed) today of a financial institution having run into trouble. that wouldn't surprise me...i'm in fact expecting it. also, there's probably a heavy borrowing calendar dead ahead...and the credit market stresses haven't disappeared. they're merely shifting around.