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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (8708)	10/15/1998 4:08:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

Another way to put it is: What did Mr. Greenspan know and when did he know it! -g- I am trying to find the Fed's release. I read on some SI post. Did the Feds ease because of "unwillingness to lend?" Lend to whom? Hedge funds? -ng- I think you are right (for once -g-) the market is going the wrong way!

To: MythMan who wrote (8708)	10/15/1998 6:28:00 PM
From: Joseph G.	Read Replies (2) \| Respond to of 86076

<<''Growing caution by lenders and unsettled conditions in financial markets more generally are likely to be restraining aggregate demand in the future,'' the central bank said in a statement. ''Against this backdrop, further easing of the stance of monetary policy was judged to be warranted to sustain economic growth in the context of contained inflation.''>> IMO Slickster called him in and said: "cut rate, or you get a cigar" -ng-