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To: keta who wrote (5136)3/3/1999 1:34:00 PM
From: Peter Greenhill  Read Replies (1) | Respond to of 19700
 
<Greenspan warns on over-investment in Internet

''It's a question how you manage the potential portfolio,'' Greenspan
added, referring to the issue of how much risk was associated with
individuals investing in stocks for their retirement.>

I am staggered how a public official is apparently allowed to give personal financial advice. Advice that can and does move markets. This would not be allowed here in the UK.



To: keta who wrote (5136)3/3/1999 1:46:00 PM
From: Scarecrow  Respond to of 19700
 
Bias in reporting continues to make me laugh:

Greenspan warns on over-investment in Internet

Maybe it should have read: "Greenspan warns on under-investment in transportation and energy stocks."

"It's a question how you manage the potential portfolio," Greenspan
added, referring to the issue of how much risk was associated with
individuals investing in stocks for their retirement."


Don't get me wrong -- I think Greenspan is great, but this falls into the "Uh-DUH!!" category of advice. What reporter thought THIS was breaking news???

He sounds like a man who just completed his Fidelity Personal Investments Review. Maybe we should have Peter Lynch for next Fed Chairman?

Scarecrow