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To: Frank Ellis Morris who wrote (129448)5/27/1999 5:28:00 PM
From: Brian P.  Read Replies (2) | Respond to of 176387
 
<<BTW if the fed raises interest rates. Greenspan can kiss his ass goodbye and that he can take to the bank>>

Will you hire a hit man to rub him out? I can only assume you think you know more than Mr. Greenspan about what is in the long-term best interests of the U.S. economy. Or perhaps you think the world should take a back seat to your personal equity stakes? I'll put a phone call into Mr. Greenspan right away and let him know you're watching "his ass" closely--I'm sure he'll be very worried about what you think.



To: Frank Ellis Morris who wrote (129448)5/27/1999 10:10:00 PM
From: John Pitera  Respond to of 176387
 
Re. the Bond . It makes sense that the Fed may tighten at this next meeting. WIth Y2K
concerns if they want to tighten this year they do not want to wait until the fall, better to
get it into the first half of the year. If the Fed does not raise rates at least once this year
then, If the market has a big crash the Fed can be blamed for not raising rates even once
to avert a crash.

If the Fed waits until the fall and raises rates and we have a Y2K related crash the Fed
will be blamed for raising rates when they should have know about Y2K distress to the
global economy and the coming spot shortages, and supply disruptions.

So to thread the needle raise the rates in the window of time best suited to do it.... Just a
thought