[lbo-talk] Paulson activates market-meltdown containment team

[tfast]

Not to mention the fact that if they are too ardent about the whole
stabilization project they will encourage excessive moral hazzard.
____________________________________
Travis W Fast


>
> On Nov 9, 2006, at 3:29 PM, tfast wrote:
>
> > Was there not an orchestrated stabilization during the Asian Financial
> > Crisis?  Do the treasury and fed ever intervene directly to stabilize
> > markets?
>
> In some sense, yes, and it'd be nuts of them not to, wouldn't it? But
> the conspiracy version really has the PPT setting up traders in safe
> houses to prevent bear markets from developing. Didn't work too good
> from 2000-2002.
>
> Doug
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