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To: Les H who wrote (184238)	7/29/2002 11:54:38 AM
From: Oblomov	Respond to of 436258

>>Business cycle tamed by luck, not Greenspan - study The study just could not attribute it to monetary intervention or other factors that they tested. This does NOT mean it was due to luck!! Haven't these people ever heard of Type II error?

To: Les H who wrote (184238)	7/29/2002 12:14:25 PM
From: Dr. Jeff	Read Replies (2) \| Respond to of 436258

<<<<Supporters of Greenspan's stance on stocks point to the apparent brevity and shallowness of the recession that began in March 2001 and appears to have ended early this year, saying it shows the central bank has ably shielded the real economy. "The collateral damage to the rest of the financial system, especially the banking system, has been between minuscule and zero," former Fed Vice Chairman Alan Blinder said. >>>> ROFLMAO!!!! Riiiiiigggggghhhhhhttttttttt........