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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Amir Shalit who wrote (24413)	10/31/1997 3:31:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

>>IS MB's computer down again?<< nope. rumor has it his profits are waaaaaaaay up and he's out shopping ;-)

To: Amir Shalit who wrote (24413)	10/31/1997 9:50:00 AM
From: Mike M2	Respond to of 132070

Amir, I have been told the WSJ 10/27/89 has an article by Fed governor Heller suggesting that the fed should intervene in the event of a severe mkt braek. it's in the op ed section. I will hunt it down when I find the time. If anyone subscribes to WSJ interactive edition you might find it in their archives. I would not be surprised if the Fed did come to the rescue. It would take some guts, but the next mkt meltdown a gunslinger might want to buy an index call in the hopes that Uncle Al would come to rescue via the futures mkt. Mike