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To: Claude Cormier who wrote (2255)9/20/2001 2:56:23 PM
From: russwinter  Read Replies (2) | Respond to of 4051
 
<Who is right? Veneroso, Gata and all or the WorldGold Council>

Until these CBs comes clean on disclosure and become more transparent, it is logical to assume they've gone overboard on lending. That would be the most consistent conclusion given the obvious excesses and wild behavior that developed in many other sectors as well during the Bubble. We are now paying the price for that. I think Veneroso is as close to the amount as anybody.