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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (22647)7/29/1998 3:19:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
>>You will never have any guide lines they won't break, bend, or
twist in some way <<

Amen to that.



To: James F. Hopkins who wrote (22647)7/29/1998 3:20:00 PM
From: yard_man  Read Replies (1) | Respond to of 94695
 
Lovely dip today for cutting my loss on DAL puts. Kudos to whoever was selling a little while ago.



To: James F. Hopkins who wrote (22647)7/29/1998 3:27:00 PM
From: S. maltophilia  Read Replies (1) | Respond to of 94695
 
Well said.



To: James F. Hopkins who wrote (22647)7/29/1998 3:49:00 PM
From: Don S.Boller  Read Replies (1) | Respond to of 94695
 
Jim: YOU ARE RIGHT ON!!! FOR EVERY "SOLUTION" the
Feds bring us - TWO new problems are created. Like you,
I am over 60 and really wonder if the Congress thinks that
Govt. "fiats" can cure anything.................
Best, as always
Don



To: James F. Hopkins who wrote (22647)7/29/1998 7:08:00 PM
From: Elllk  Read Replies (2) | Respond to of 94695
 
Jim

With respect to the S&L fiasco, the enormity of it, even as it grew and grew was hidden and denied over and over again. One indication of how well is that Ronald Reagan never addressed it or said one word about it while in office. An objective was to postpone full revelation until after the 1988 election. That was only partly to help Bush. The main reason was to be sure that by the time it became public it would be so enormous that only the government could handle the bailout.

Guys like Seidman and Greenspan played their roles. Greenspan, before he became Fed Chairman, wrote reports on 16 S&Ls, including Charles Keating's infamous Lincoln S&L, saying in each case that they were sound and well managed. Fifteen of the 16 failed.

Larry