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To: yard_man who wrote (144844)1/19/2002 3:37:37 PM
From: Les H  Read Replies (2) | Respond to of 436258
 
it's hard not to get the impression that he's cutting another 25 bp ...

biz.yahoo.com

when he forces rates below 1.75 pct.

I think he wants the last rate cut to be a 'surprise'.



To: yard_man who wrote (144844)1/19/2002 5:09:43 PM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
ASA's NAV is now 26 as of the 17th... LOL



To: yard_man who wrote (144844)1/19/2002 11:15:39 PM
From: Petrol  Read Replies (1) | Respond to of 436258
 
<<"Why can't people understand what I say? I speak so clearly and directly?">>

I've been reading "Maestro: Greenspan's Fed and the American Boom", by Bob Woodward... (I read a little every night, it's the perfect thing to put me to sleep)

Anyways, there's a part in which it's discussing Greenspit's marriage to Andrea Mitchell... not even SHE understands what the guy tries to say:

"... At the end of 1996, Greenspan began to think about proposing. At a birthday dinner for Mitchell with a dozen close friends at Galilieo, one of Washington's best Italian restaurants, Greenspan gave a glowing toast to her. A number of guests felt it was as near to a proposal of marriage as possible, with the expected next sentence to be a request that she marry him. But it never came.

He later confided to one person that he actually proposed to Mitchell twice before she accepted, but either she had not understood what he was saying or it had failed to register. His verbal obscurity and caution were so ingrained that Mitchell didn't even know that he had asked her to marry him. She found it difficult to understand the depth of his emotional commitment to her."