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To: PaulM who wrote (33231)5/6/1999 7:06:00 AM
From: long-gone  Respond to of 116761
 
<<Fed Adds Reserves via $4 Bill in Overnight Repurchase Agreements

biz.yahoo.com >>

And where's that money going? I overheard two bank tellers at lunch while up in Boulder checking on a job. They were talking about the number of high wage earners which were taking an entire pay check a month in CASH! - "just in case of a little Y2k problem".... First gal talked about a realtor doing it, then 2nd gal talked about a broker which now did it for a second time. 1st Teller said it frightened her because the realtor's check was as much as she earns in 8 months! 2nd gal said the Broker's check was more than 10 months of her pay, though I suspect this may have just been "one-up-manship".

rh