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


To: bobby beara who wrote (32949)11/3/1998 7:50:00 AM
From: Haim R. Branisteanu  Respond to of 94695
 
BB,read today's WSJ


CFTC Chief Refuses to Take Back Seat in Derivatives Debate

Speaking of conspiracies and manipulation of markets by government
agencies like the FED.

"Non less than Federal Reserve Chairman Alan Greenspan, Treasury
Secretary Robert Rubin and... Arthur Levitt have tried to muzzle her,
(Brooksley Born) claiming treats of new oversight could unsettle
markets and trigger lawsuits"

Translation let the Old Boy Network do it's "faule stick" in manipulating the markets to their own benefits at the loss of other market participants.

BWDIK

Haim