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To: yard_man who wrote (154903)	3/7/2002 12:18:27 PM
From: Tom Smith	Read Replies (1) \| Respond to of 436258

the situation building in Japan is incredible.....banks there are desperate to unload the junk they've collected over the past decade and do it by the end of March. So Japanese govt bails out the banksters by placing severe restrictions on short-selling....hot money floods into the Nikkei out of overvalued USD assets saving the corrupt Japanese banking system and uncloaking inflation in this country....patriotic hot money here, anticipating this inflation/devaluation of the dollar, files flight plan to equities: runs the stock market up further here. Except the debt load is so high here that no one can service the added inflationary load.....ramped up orders get canceled and more unemployment/defaults cut the legs out from under the new bull market that infact was never there. But, most importantly, the banksters get their money back......however, not before they lop the heads off many domestic and foreign investors. How can any world class investment firm recommend Japan in the face of this market rigging?

To: yard_man who wrote (154903)	3/7/2002 12:31:00 PM
From: Mike M2	Read Replies (2) \| Respond to of 436258

AG, I don't like to listen to AG but from what I hear his message is business as usual -leave derivatives alone, esops accounting no problem, he argues that the market will now penalize companies that are perceived to use aggressive accounting ( LOL). it seems like the only time he likes gov't intervention is when the investment banks or his buddies at LTCM need a bail out. AG is the King of Crony Capitalism - open season on the unsuspecting public. mike