Fed ineffectual so far...

Enrique Diaz-Alvarez enrique at anise.ee.cornell.edu
Wed Mar 22 07:40:11 PST 2000


Doug Henwood wrote:


> [Borrowing to fund stock buybacks; gotta love the New Economy.]
>
> Wall Street Journal - March 22, 2000
>
> Big Borrowers Are Unfazed
> By Federal Reserve's Moves
>

A little man on a little suit. On the other hand, it seems that the deluge of IPO scams is starting to have an effect:

ttp://www.ntrs.com/rd/rd35/rd35fr.html

(Click on March 20th economic comementary)

-- Enrique Diaz-Alvarez Office # (607) 255 5034 Electrical Engineering Home # (607) 272 4808 112 Phillips Hall Fax # (607) 255 4565 Cornell University mailto:enrique at ee.cornell.edu Ithaca, NY 14853 http://peta.ee.cornell.edu/~enrique



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