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Pastimes : Don't Ask Rambi -- Ignore unavailable to you. Want to Upgrade?

To: JF Quinnelly who wrote (60411)	8/29/2001 12:37:22 AM
From: nihil	Read Replies (1) \| Respond to of 71178

Life is too short to argue with a totally misinformed person like you. A case in point. The governor of New York had no authority over any banks at all. The only person who could (possibly) have prevented the collapse of the banking system was the Chairman of the Board of Governors of the Federal Reserve System. Friedman argues that the collapse of the banking system was the direct and unavoidable result of the FRS refusing to add the requisite liquidity. Go tootle yourself.