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To: Bill Harmond who wrote (139094)2/12/2002 1:44:11 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 164687
 
william, remind me NEVER to attend a course on risk management given by you. ;-)



To: Bill Harmond who wrote (139094)2/12/2002 1:58:29 PM
From: GST  Read Replies (2) | Respond to of 164687
 
"The Fed screwed up. There is no doubt about it." My God, AG had to derail the worst mania ever seen in human history before it destroyed the economy. You are delusional if you do not see that it was a bubble. He underestimated the impact of oil and waited a few months too long to ease -- other than that he had to raise rates to clean the crap out of the kennel -- and the crap was already waist deep.