Reply #95: WUHBPH accused of being unethical? They are just NOW noticing???

[UpInArms]

http://today.reuters.com/misc/PrinterFriendlyPopup.aspx?type=bondsNews&storyID=uri:2006-02-08T200110Z_01_N08510004_RTRIDST_0_MARKETS-BONDS-UPDATE-2.XML

GREENSPAN FLASHBACK?

Alan Greenspan, the just-retired Fed Chairman, was already signaling that he intended to maintain a public role even as private citizen.

Greenspan spoke privately to Lehman Brothers overnight, sources at the investment bank said, and rumors surrounding his comments prompted some selling in interest rate futures.

The speaking engagement raised questions about ethics from traders, with many saying the former Chairman was walking a fine line by giving private talks so soon after stepping down.

The Times of London newspaper also reported that Greenspan spoke on Tuesday to an audience of international investors in Tokyo via video link from his apartment in New York.

The event at which Greenspan spoke was sponsored by Hong Kong-based CLSA, an Asian investment group that paid the former Fed chief $120,000 for the one-hour speech, the Times said.