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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (12899)	4/21/2001 11:06:33 PM
From: pbull	Read Replies (1) \| Respond to of 13572

There are no quick fixes, either. I've used this comparison before, that telco debt is about the same size as the S&L mess in the mid-1980s, and that wasn't solved in a week or two. The fact that so many of these companies are now going belly up will actually be a positive starting next year, but it's a real drag right now. I'm sorry, but an actor's strike in Hollywood shouldn't rank high on the Fed's alert list. And tell me this: Have you ever heard of a strike being settled with a Fed rate cut? Another case of the media helping preserve this aura around Al the All Powerful. PB