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To: ratan lal who wrote (72623)	10/16/1998 2:25:00 PM
From: Lee	Read Replies (2) \| Respond to of 176387

Hi Ratan,..Re: LIBERTARIAN ? Nope. Am 100% sure. 6k would do heavy damage to a lot of retirement accounts, besides do serious damage to consumer sentiment. Why do you object to some banking liquidity intervention to maintain orderly markets? Did you have a lot of shorts? <VBG> Lyle Gramley was just on CNBC saying that even the borrowers with outstanding credit were having trouble because of this credit/liquidity crunch so you shouldn't feel singled out. In fact that is precisely what the Fed is trying to address. Regards and good luck Lee