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


To: Earlie who wrote (30806)8/8/1998 10:16:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 132070
 
earlie...in your opinion, what will returning treasuries do to the mighty dollar? IMO, the achillies heal of our economy has been the escalating debt, both national & private.



To: Earlie who wrote (30806)8/8/1998 11:12:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Earlie, I know the technique well. I worked for a guy who had a bank sell out all his assets to cover a loan. Of course, it was a bit tougher call than Simplot. My boss got all his assets sold and then got hauled away to prison for bank fraud. Which used to be a popular sport here in Texas when we still had locally owned banks. <G> And the real funny thing is, he was a heck of a nice guy and I still like him. To this day, I don't think he thought he did anything wrong.

MB