I only came in at the tail end. They were only worried about check clearing, and I think credit cards working. Priorities. Priorities.
On Wed, Jun 12, 2002 at 01:49:19PM -0400, Doug Henwood wrote: > Michael Perelman wrote: > > >The FEMA boys were > >explaining how check clearing would work after a nuclear attack. > > Gives new meaning to the term "float." Did the Fedsters have anything > to say about the fed funds market, post-armageddon? Would they add > liquidity, if they could find any place to add it? > > Doug > -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]