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To: RMF who wrote (27023)1/25/1999 8:12:00 PM
From: John Hunt  Read Replies (2) | Respond to of 116837
 
Re What would YOU do?

Micap,

If a limb is infected bad enough, you cut it off.

You don't let it spread, like Greenspan and the IMF are doing. The whole concept of 'too big to fail' will lead to a total financial system meltdown.

Just my 2 cents.

John



To: RMF who wrote (27023)1/25/1999 8:53:00 PM
From: long-gone  Read Replies (1) | Respond to of 116837
 
<<You're Greenspan and head of the ECB all in one shot.
What would YOU do>>
1. I would not have let Merriweather(sp?) and co. continue in charge.
2. I would have gotten the money in the form of an extra SEC fee. NOT(!!!!) on the backs of a few.
3. Given a max. amount of time to unwind all positions, and assure that they would no longer profit from any more manipulations.
YOUR TURN
If they are going to profit on the backs on the gold industry, how much longer must it go on?
How much longer would you subsidize the rich and powerful on the backs of the "average investor"?