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Re: [RT] Re: Fed supporting market



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It is commonly accepted knowledge in the business world and while I most 
certainly have not personally observed the practice, I have no recall of 
the White House ever denying it, either.  If the market tanks, so does 
Bush.  Do you not believe that he has the means to prevent this?

Bob


At 02:57 PM 11/17/2003 -0800, you wrote:
>This is a strong statement, variations of which I've heard
>many times with no factual support. Is there any support here?
>
>regards,
>
>tbr
>   > the Fed has shown in the past how it can hold up
>markets via futures purchases
>
>
>
>
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