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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Coonhound who wrote (13477)	1/27/1998 8:36:00 AM
From: Liatris Spicata	Read Replies (1) \| Respond to of 18056

<<it tells of how Chrystler was the first in a series of private corporations which were bailed out by the federal government; could someone name me the second?>> Lockheed, although it occurred before Chrysler. As far as giving billions to the brokerage houses is concerned, the only thing that bears a faint resemblence is the copious liquidity provided to the banking system after the crash. The price of this liquidity was a decrease in the value of the currency a in ensuing years, which may have contributed to the recession of the early 90's by limiting the Fed's options at that time.