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To: redfish who wrote (278642)3/2/2004 1:34:47 PM
From: Tom Smith  Respond to of 436258
 
when it comes to bubbles, Wall Street has the right prick...



To: redfish who wrote (278642)3/2/2004 1:35:04 PM
From: who cares?  Read Replies (2) | Respond to of 436258
 
Man this getting scary to me.

12:30 *GREENSPAN SAYS FED'S BEEN `ACCOMMODATIVE FOR A VERY LONG TIME'
12:30 *GREENSPAN SAYS FED MAINTAINING 1% RATE FOR `VERY GOOD REASONS'
12:29 *GREENSPAN SAYS CURRENT LOW RATES ARE A `SPECIAL' SITUATION
12:29 *GREENSPAN SAYS `AT SOME POINT' FED FUNDS RATE HAS TO RISE
12:29 *GREENSPAN SAYS THE CURRENT FEDERAL FUNDS RATE `ACCOMMODATIVE'
12:28 *GREENSPAN SAYS HE HAS `ALWAYS TAKEN' 30-YEAR MORTGAGES HIMSELF
12:28 *GREENSPAN SAYS THERE ARE ADVANTAGES TO 30-YEAR MORTGAGES
12:27 *GREENSPAN SAYS HE REFERRED TO `NARROW SLICE' OF HOME BORROWERS
12:27 *GREENSPAN SAYS HE WAS `IMPRECISE' PUSHING ADJUSTABLE MORTGAGES