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In a message dated 3/14/00 2:15:19 PM Pacific Standard Time,
prosys@xxxxxxxxxxxxxxxx writes:
> He'll never forget the mess he made in 1987.........
M:
So you are saying he caused the 1987 crash after less than two months in
office, and that after a life as a republican appointee he is now the
democrat's "puppet"?
I'm curious, what was it that he did to make such a "mess"? I remember, the
bonds fell 25+ points prior to the crash, but lots of that was while P.V. was
still in office. Crude had more than doubled that summer (before Al got in
there) from about a year earlier. Any of this ringing a bell?
Bill Wynne
SmartTrades.com
>
> In a message dated 3/14/00 7:55:53 AM Pacific Standard Time,
> prosys@xxxxxxxxxxxxxxxx writes:
>
> > 1) Greenspan is a puppet of the current admin....he has been
> charged with
> > NOT causing a market upset before NOVEMBER 2000.
>
> quotes below are from: http://www.bog.frb.fed.us/BIOS/Greenspan.HTM
>
> "He originally took office as Chairman and to fill an unexpired term as a
> member of the Board on August 11, 1987. [Reagan's appointment]
>
> From 1974 to 1977 he served as Chairman of the President's Council of
> Economic Advisers under President Ford and from 1981 to 1983 as
> Chairman of
> the National Commission on Social Security Reform.
>
> Dr. Greenspan has also served as a member of President Reagan's Economic
> Policy Advisory Board, a member of Time magazine's Board of Economists, a
> senior adviser to the Brookings Panel on Economic Activity, and a
> consultant
> to the Congressional Budget Office."
>
> FWIW
>
> Bill Wynne
> SmartTrades.com
>
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