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To: Wphile
dollar repo, why he didn't let the fed make coordinated currency intervention is beyond us, what's more was the treasury repo strategy, anyway, I don't want to get into technical details, but O'Neil the CEO is going not making friends on Wall Street.
158 posted on 07/21/2002 10:17:29 PM PDT by nullsumme
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To: nullsumme
dollar repo? I'm not sure what this is but if it's the strong dollar policy that is waning, I'm not totally opposed to it. For those of us involved in exports, having a weaker dollar isn't necessarily a bad thing.

And just for edification, just who is Wall Street? Are you talking about traders, investment bankers or brokerages? Frankly, I think the likes of GoldmanSachs et al are some of the biggest crooks on Wall Street, Rubin certainly among them.

160 posted on 07/21/2002 10:23:30 PM PDT by Wphile
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To: nullsumme
Is this code for something??
162 posted on 07/21/2002 10:29:35 PM PDT by Mo1
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To: nullsumme
I think that a lot of O'Neil's time and energy has been devoted to dealing with trying to sniff out the funding for Al Qaida & Co. ..... and, IMO, in the long run, that's more important. That affects the lives of all of us ..... and I mean as in life and death, not our stock market investments.
163 posted on 07/21/2002 10:38:03 PM PDT by kayak
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