SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?


To: Karen Lawrence who wrote (1243)1/26/2002 5:04:11 PM
From: Mephisto  Respond to of 5185
 
"On January 11, Greespan said though the economy was "showing signs of stabilizing there were still significant risks" The market dropped. The following week in a series of "authorized leaks" ,
unidentified Fed officials said the downbeat message was overplayed and that a rate cut was not
all that likely. Then on January 24, Greenspan came out with an optimistic view. It seems
contrived and manipulated, IMO."


I agree! W tries to manipulate the stock markets, in my opinion. I recall that Poppy Bush
use to lean on Greenspan a lot. Clinton, on the other hand, left him alone.