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This is interesting.....since Banks aren't lending anymore for businesses to
expand, what function do they perform ?
Man, this really smacks of a "just like Japan" condition.
> -----Original Message-----
> From: Daniel Goncharoff [mailto:thegonch@xxxxxxxxxx]
> Sent: Tuesday, September 10, 2002 12:32 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] Money supply charts
>
>
> Actually, the lack of CP issuance says more about the level of fear of
> more corporate surprises. Remember that with CP, the bank that
> underwrites it has the default risk. These days, who is going to take
> that risk?
>
> For the historical perspective that the collapse of Penn Central in the
> early 70s (IMS) nearly brought down Goldman Sachs.
>
> Regards
> DanG
>
> "M. Simms" wrote:
> >
> > Wow - Commercial Paper activity......lowest in more than a decade.
> > That kind of says it all as far as overall business activity.
> >
> > > -----Original Message-----
> > > From: Terry B. Rhodes [mailto:trhodes3@xxxxxxxxx]
> > > Sent: Monday, September 09, 2002 11:40 AM
> > > To: realtraders@xxxxxxxxxxxxxxx
> > > Subject: Re: [RT] Money supply charts
> > >
> > >
> > >
> > > > We haven't seen an update of your money supply chart on
> > > realtraders in awhile. Could you publish an updated chart? Thanks.
> > > >
> > >
> > > You can view money supply charts here
> > >
> > > http://www.martincapital.com/charts.htm
> > >
> > > regards,
> > >
> > > tbr
> > >
> > >
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> >
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