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RE: Fed Governors' Financial Disclosures Online



Markets are largely constituted by laws, therefore the law also
substantively determines the distribution of wealth through the markets. To
the extent these laws are bought and paid for by self-serving elites,
citizens have every right to be concerned just as they were in the US'
gilded age.

Ian


>
>
> NEW FROM THE FINANCIAL MARKETS CENTER:
> Speaking at the Federal Reserve's annual Jackson Hole conference on August
> 25, Chairman Alan Greenspan noted "considerable unease" among
> some citizens
> "about the way markets distribute wealth."  Nevertheless,
> Greenspan and his
> colleagues have been served very well by these distributional mechanisms.
> According to a Financial Markets Center analysis of recently released
> financial disclosure statements, the five members of the Fed's Board of
> Governors saw their aggregate net worth jump by 17 to 20 percent
> during the
> course of 1999.
>
> ...for the rest of the analysis, go to:
> www.fmcenter.org/fmc_superpage.asp?ID=409
>
> ...for the only online access to key portions of Fed officials' actual
> financial disclosure statements, go to:
> www.fmcenter.org/fmc_superpage.asp?ID=240
>




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