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To: TobagoJack who wrote (117317)	8/17/2001 11:37:34 AM
From: Haim R. Branisteanu	Respond to of 436258

Jay I tend to agree that those are the sad facts of the US FED. Haim

To: TobagoJack who wrote (117317)	8/17/2001 11:41:40 AM
From: Joseph Beltran	Read Replies (1) \| Respond to of 436258

... he is senile ... there is no way to make him go quietly ... the market will panic ... That's just great: we got a senile old fool running monetary policy of this country and the state of the entire world economy is hanging in the balance...

To: TobagoJack who wrote (117317)	8/18/2001 12:34:33 AM
From: AC Flyer	Read Replies (4) \| Respond to of 436258

Jay: How does your HKMA buddy feel about being publicly quoted in his description of the Governor of the Federal Reserve Board as "senile?" This kind of cheap sniping and anonymous name-dropping is egotistical and juvenile. Alan Greenspan is clearly not, by any standard, senile. My own observation is that we all owe AG a lot for persuading a young Clinton administration to adopt a policy of (relative - they were Democrats after all) fiscal restraint and deficit reduction with the resulting positive effect on the bond market that we are still enjoying eight years later. I quote from a 1998 article by Lawrence Kudlow in the National Review: findarticles.com {Nobelist Milton Friedman recently introduced Greenspan to a Stanford audience by calling his performance "better than any prior Fed chairman. Supply-side economist Robert Mundell, one of the architects of Reaganomics, calls Greenspan "the greatest Fed chairman we have ever had." On the other side of the political spectrum, arch-Keynesian Yalie James Tobin, also a Nobel Prize winner, gives Greenspan an "A": "His bark has been worse than his bite. He rejected mechanical monetarism by letting the economy advance. I am pleased with the results."} By all means go over-weight the Euro. It might be a successful short-term trade. With a longer time horizon, it will be a mistake to bet against the $, imho.

To: TobagoJack who wrote (117317)	1/29/2002 3:45:30 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 436258

Uncle Al 1 ---- Hong Kong highly-placed HK Monetary authority graduate of top USA university 0 <I just got back from dinner with a fairly highly placed Hong Kong Monetary Authority (our non-central bank) pal who is a graduate of a top US school, leader of a 100+ dept, and who had been amongst the folks attending HK-Greenspan meetings over the past three years. He commented that "... no one in Hong Kong understands what he talks about in public or private meetings ... he does not like coming to Hong Kong because we do not have a Central Bank Building ... he is senile ... there is no way to make him go quietly ... the market will panic ... I recommend going over-weight on the Euro ..." > Hahaahahaahaah!!! Not senile. Not going quietly. Market not panicked. Euro a dog vs $ Go Green$pan Go, Show those Hong Kong Tryhard Triads who knows wassup around the village. Uncle Al prints the money to finance Hutchison Whampoa which buys Global Crossing and the irrational exuberance is soon tidied up and the fibre will be filled and glowing red hot with cyberspace. Mquice