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To: sammaster who wrote (126600)	10/1/2001 2:20:18 PM
From: Joseph Beltran	Respond to of 436258

these rate cuts are non-events. like someone said, it's like pushing on a string. so what's to get excited about? nothing is going to change except that it will become even more evident that greenspan is powerless.

To: sammaster who wrote (126600)	10/1/2001 2:33:16 PM
From: oldirtybastard	Read Replies (1) \| Respond to of 436258

I think people should be getting pissed off they are going to get less and less return on their money unless they can figure out something else to do with it besides buying worthless things called stocks and putting it in worthless institutions which can't even guarantee they will see it again called banks. As an example, Bank of New York which I had once thought of as a more reliable bank and have had an account with for years has lost my business. They cut the ATM limit down to $100/day, then after several days $200 for over a week following the WTC thing and then couldn't cut me a certified check for 2 days because their "system was down" (read liquidity problems, so we f*ck individual account holders over).