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

To: scotty who wrote (26268)	9/2/1998 5:49:00 PM
From: yard_man	Respond to of 94695

Sure hope not. <g>

To: scotty who wrote (26268)	9/2/1998 5:55:00 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 94695

Bill Seidman, a key player in resolving the U.S. savings-and-loan crisis and an occasional adviser to the Japanese government, on Monday scoffed at assertions by the government and the BOJ that an LTCB failure would wreak global financial havoc. In the U.S. cases, ''We performed on all the derivative contracts because we thought it was essential to the economy, and the cost was borne by the government,'' he said. I love Seidmans statement as to who bore the cost. The American People did. I get so tired or these people thinking that the government produces profits of some sort that enables them to bear any kind of loss. Sorry but that just po's me. Monty