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To: John Hunt who wrote (23933)12/7/1998 5:02:00 PM
From: John Hunt  Read Replies (1) | Respond to of 117029
 
Greenspan sees mkt similarity with late 1920s - book

biz.yahoo.com

<< Federal Reserve Chairman Alan Greenspan saw parallels between U.S. financial market conditions in 1998 and in the late 1920s but said even a U.S. market stock crash would not necessarily lead to a depression, former Fed governor Lawrence Lindsey said in his latest book.

''There are all sorts of parallels to the late 1920s,'' Lindsey quoted Greenspan as telling him in a private meeting in mid-April 1998. -- cont'd -- >>