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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (648)11/16/1998 7:18:00 AM
From: Stitch  Read Replies (2) | Respond to of 2794
 
rrman,

You must have read my mind....in advance. I was sitting here wondering about "cut or not" and decided to sign on. Your post was the first one I read.

I actually think there is a good chance for no cut. He can always do it between sessions. And I think you are right. You likes to keep his quiver full.

best,
Stitch



To: robnhood who wrote (648)11/17/1998 9:23:00 PM
From: Bonnie Bear  Respond to of 2794
 
Um....isn't there some fantastic amount of short-term debt from Korea and elsewhere that was coming due? Seems to me the grand scheme is to restructure some of the debt at a lower short-term interest rate if the debtors can't pay market interest rates. Didn't the last cut coincide with the deadline for Korea's short-term debt? Was this one for Brazil? (hmm...sounds like Japan....) If it works for Joe Sixpack and his eleven credit cards at the debt consolidation company, it should work at a much grander scale.
After all, the gov't loses huge tax revenue if the house of cards collapses.



To: robnhood who wrote (648)11/18/1998 2:07:00 AM
From: Hal Ford  Respond to of 2794
 
A cut there was. Good call. I, too, wonder what the reason was. I read that the vote was unanimous.