Hallam-Baker writes:
Given the experience of deregulating Savings and Loans institutions I don't think the country could survive another round of deregulation.
I get really tired of shallow critics of deregulation citing the S&L problem. The problem was partial deregulation -- the wolves were let go: into the sheep's pen. The S&L's were allowed to make risky investments, but the American taxpayers still guaranteed their asses. Phil, your reputation is sinking fast. I suggest silence on your part. -russ <nelson@crynwr.com> http://www.crynwr.com/~nelson Crynwr Software sells packet driver support | PGP ok 521 Pleasant Valley Rd. | +1 315 268 1925 voice | Corporations persuade; Potsdam, NY 13676 | +1 315 268 9201 FAX | governments coerce.