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To: lorne who wrote (30318)3/19/1999 9:46:00 AM
From: John Hunt  Respond to of 116906
 
Greenspan favors lighter derivatives regulation

<< Despite uneasiness about the role of sophisticated financial derivatives in the global economy, it would be an error to impose a heavier regulatory hand over how banks use them, Federal Reserve Chairman Alan Greenspan said on Friday. -- cont'd -- >>

biz.yahoo.com

Morning lorne,

Yes, a heavy hand might reveal what is going on! ... Much better for them if they can operate in the shadows.

John