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metsin2

10/04/03 1:11 PM

#157882 RE: Gizmo #157881

bingo.someone with some common sense.i'll even go further.
they're playing with fire.
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langostino

10/04/03 3:03 PM

#157903 RE: Gizmo #157881

The answer Gizmo ...

As you know, is ... increased debt! Actually, a huge part of the "cushion" was a one-time transfer of accumulated wealth from the savings institution known as the home. So Greenspan essentially dipped in and just spend 30 or 40 years of accumulated savings in order to cushion the fall.