Don't know. After the tornado takes me, I'll ask him. Maybe he was referring to a consideration inhibiting a possible decision by foreign governments. - mbs
> >Bob Eisner used to point out that those holding dollar-denominated > >assets who started to bail out ran the risk of taking a bath as the > >process continued. > > How's that any different from any other speculative market? People > sell stocks in a bear market, it drives the value of their remaining > shares down, they sell more, etc., until you have a selling climax. > How could prices ever go down in Eisner's world? > > Doug >