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ISRAEL
BONDS
Ace
Greenberg Sees
Bright
Economic Future
By TIM BOXER
Alan
“Ace” Greenberg used to tell people he was in the securities business.
“Now I say I’m in the insecurity business.”
The Bear
Stearns chairman told an Israel Bonds real estate luncheon crowd at New
York’s Grand Hyatt that he’s never seen Wall Street fluctuate as much
as it did during the past several months.
“Stocks moved up and down more
in one day that they used to in a year. I don’t know the answer. It’s
something we’ll just have to live with.”
He
saw a bright future for the country. “I’m extremely optimistic. But
bear in mind one thing – I’m often wrong!”
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