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Joe Stocks

12/02/02 11:33 AM

#50758 RE: ajtj99 #50749

>>>There is a PPT, but their activities appear to have been curtailed somewhat this year.<<<

I think they were busier than ever this year. They have also been m,ore open about their intervention IMO. Look what they have done just on the discount rate in the open. I'm sure JPM, C and the like had some major "challenges" this year that we will never know anything about because of the PPT's work.

Joe