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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: sciAticA errAticA who wrote (36342)7/21/2003 10:17:38 AM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
Hi Suttree. Uncle Al KBE has certainly done an amazing job of holding the Mighty $ stable in the midst of the biggest financial jumblings ever.

I think he might actually be the first immortal human! It's amazing how few people appreciate the masterpiece he's created. Most artists are only appreciated and their value recognized later - maybe he will actually, eventually, be found to be physically mortal, but the wonder of what he achieved will be threaded through the fabric of financial systems forever.

Mqurice



To: sciAticA errAticA who wrote (36342)7/21/2003 3:30:17 PM
From: energyplay  Read Replies (1) | Respond to of 74559
 
suttree - Interesting that in your NY Times article on Greenspan that it quotes Bill Fleckenstein and Doug Kass, two critics from the bearish anti-Greenspan camp. Doug Kass was and is not a super bear. Bill Fleckenstein is a "perma-bear", and has spoken at Jim Grant's conferences.

Note the article did NOT quote Steven Roach (MorganStanley), Barton Biggs (JPM), Bill Gross (Pimco), Larry Kudlow (Kudlow & Associates) or other mainstream sources.

Sometimes who get quoted is more important that what is said.

Kass's comment that the bond market has lost faith in Greenspann is very important.