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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (48165)	2/27/2002 1:12:57 PM
From: stockman_scott	Read Replies (1) \| Respond to of 65232

Greenspan Sees Moderate Economic Recovery biz.yahoo.com RR: You'll see that Even Greenspan addressed 'the E word' today in his testimony...The Enron meltdown has provided a huge wake up call for investors, Congress, and corporate executives....Yet, the Enron coverage goes well beyond the largest bankruptcy in history...It raises the larger question of the integrity of our financial markets. That integrity is essential in order to protect our own investors, to finance economic growth, and to maintain the flow of foreign investment...Congress, The Justice Department, The SEC, and corporate America must take the Enron meltdown seriously...And so far I feel they are...The stakes are very high...My friends that are traders and Professional Money Managers here in Chicago discuss these things a lot. Sorry to have posted a high number of articles that mention Enron but its tough to stay away from them...I may have to borrow one of your filters for a while...=) Hope you're having a good week. Regards, Scott btw, the market is responding well so far today...IMO, Greenspan has put a little bit of a foundation under the market and has assured investors that interest rates will not rise for some time to come...I remain cautiously optimistic.