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To: GT who wrote (23453)12/7/1998 9:52:00 PM
From: DebtBomb  Read Replies (1) | Respond to of 119973
 
Rumors are flying-Rubin denies:

Monday December 7, 8:15 pm Eastern Time

US Treasury's Rubin denies he plans to resign

NEW YORK, Dec 7 (Reuters) - U.S. Treasury Secretary Robert Rubin on Monday firmly
denied reports that he planned to resign.

In a question and answer session with reporters before he addressed the National Foreign
Trade Council in New York, Rubin called the reports ''totally, absolutely, 100 percent
erroneous.'' Rubin also said fiscal reform in Brazil was of key importance to Latin America's
economic outlook.

''Obviously, the key right now is Brazil and the implementation of the Brazilian fiscal program is the key to moving forward,''
Rubin said.

The latest round of Rubin resignation reports was prompted by an article in the Japanese newspaper Sankei Shimbun quoting
unnamed government sources out of Washington saying that Rubin had told President Bill Clinton that he wanted to resign
shortly after the Christmas holiday. The sources were quoted as saying that Clinton conveyed his ''strong desire'' to Rubin that
he stay at least until a replacement was found.

A senior U.S. Treasury official denied the report earlier on Monday. ''This conversation never happened,'' the official told
Reuters.

The Sankei Shimbun report briefly weighed on the dollar in early trading in Tokyo but was largely ignored by Wall Street
traders, who noted that similar rumors had swirled through financial markets on a regular basis in recent months. They added
that even if Rubin left, his ''strong-dollar'' policy would likely live on.

Related News Categories: currency, international, options, US Market News



To: GT who wrote (23453)12/7/1998 10:29:00 PM
From: DennisToo  Respond to of 119973
 
Hear you loud and clear.....BUT why is the CEO making an appearance on CNBC......whats he got to say ??? Thinking the boys may ease up a little considering the bashing they have been getting...?? No reason for this guy to do an interview.....somethings gotta be up. Haines hates insider selling but who knows what that jerk will say, he's not as bad as Insana but can a pompous A@S.

Your thoughts,
D2



To: GT who wrote (23453)12/7/1998 10:34:00 PM
From: DO$Kapital  Respond to of 119973
 
Sorry you sold yours this afternoon?



To: GT who wrote (23453)12/7/1998 10:42:00 PM
From: KZAP  Respond to of 119973
 
LOL!!!
That's not the reason NAVR dipped!
ROFLMAO!!!

What's next? Anything to get attention!

Gap tomorrow NAVR! :-)

KZAP