Price of Fame

Peter Kilander peterk at enteract.com
Thu Oct 7 16:47:30 PDT 1999


[Greenspan worried about more than inflation and irrational exhuberance? Loosing his so-called objectivity? Suck.com proved prescient. http://www.suck.com/daily/99/08/06/ ]

http://www.salonmagazine.com/people/col/reit/1999/10/07/reithur/index.html

Salon, 10/7/99 Revenge of the day traders? by Amy Reiter

While you swill the Dom Perignon to celebrate the Fed's decision not to raise interest rates this week, spare a thought, won't you, for poor Alan Greenspan.

One economist reports that the chairman waltzed into a recent Fed retreat on the collective arm of no less than six Secret Service agents. (In the past, one civilian had been enough.)

What gives? It seems that after that day trader shot up a storm in Atlanta, the government's been a tad worried about Greenspan's safety. My market-watching source wonders if fear of vengeful gun-toting investors might have had a hand in Greenspan's decision not to scootch up interest rates just yet.

A chink in the chairman's armor? Naaaah. Couldn't be ...



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