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To: epicure who wrote (52833)	9/16/1998 1:10:00 PM
From: Trey McAtee	Respond to of 58727

x-- nothing...its what he didnt say...anything about interest rates at the top of the list. one thing i expect out of this testimony...and something i think the market missed at berkley is that greenspan views his power as a means to stablize the ECONOMY...not the market. so if traders are expecting interest rates to ease to prop up an overextended market they are going to be really suprised. good luck to all, trey

To: epicure who wrote (52833)	9/16/1998 1:10:00 PM
From: NickSE	Read Replies (1) \| Respond to of 58727

13:04 GREENSPAN ARGUES AGAINST CAPITAL CONTROL. 13:04 RUBIN SAYS G7 WORKING TOGETHER ON CRISIS. 13:04 RUBIN SAYS RUSSIA "IN GREAT DIFFICULTY". 13:04 RUBIN SAYS THAILAND, PHILIPPINES, KOREA BEGINNING TO STABILIZE. 13:04 RUBIN SAYS US MUST CONTINUE FISCAL DISCIPLINE. 13:04 RUBIN SAYS IMF FUNDING IS URGENT. 13:04 RUBIN SAYS JAPAN MUST STRENGTHEN BANKS. 13:04 RUBIN SAYS JAPAN MUST TAKE "SWIFT, STRONG FISCAL ACTION". 13:04 RUBIN SAYS DEVELOPED WORLD MUST SPUR GROWTH. 13:04 RUBIN SAYS NATIONS IN CRISIS MUST EMBRACE REFORM. 13:04 GREENSPAN WARNS OF MORAL HAZARD. 13:04 GREENSPAN SAYS TROUBLED ECONOMIES NEED "TRANSITIONAL SUPPORT". 13:04 GREENSPAN SAYS BANK SUPERVISION MUST BE IMPROVED. 13:04 GREENSPAN ARGUES AGAINST CAPITAL CONTROLS. 13:04 RUBIN SAYS US MUST CONTINUE FISCAL DISCIPLINE. 13:04 GREENSPAN REMARKS CONFINED TO INTERNATIONAL FINANCIAL MATTERS. 13:04 GREENSPAN GIVES NO HINT OF RATE EASE IN SEPT. 13:04 NOTHING NEW FROM GREENSPAN, RUBIN. 13:03 RUBIN SAYS NATIONS IN CRISIS MUST EMBRACE REFORMS. 13:03 RUBIN SAYS IMF FUNDING URGENT. 13:03 RUBIN SAYS JAPAN MUST TAKE 'SWIFT, STRONG FISCAL ACTION'. 13:02 RUBIN SAYS DEVELOPED WORLD MUST SPUR GROWTH. 13:02 RUBIN GIVES NO HINT OF BRAZIL RESCUE PACKAGE. 13:01 GREENSPAN GIVES NO HINT OF RATE EASE.