>
> On Nov 9, 2006, at 2:38 PM, tfast wrote:
>
> > The yeild curve does seem to have some predictive value no?
>
> Oh yes. That's different from arguing that Hank Paulson has a team of
> traders in a safe house somewhere buying stock futures when the
> market looks saggy (which is the line the conspiracioids tout).
>
> Doug
>
Was there not an orchestrated stabilization during the Asian Financial
Crisis? Do the treasury and fed ever intervene directly to stabilize
markets?