Marginal differences.(Alan Greenspan considers tougher margin requirements for investors)(Brief Article)

The Economist (US) | April 1, 2000 | Copyright

NEW YORK

AMERICAN stockmarkets were once again jittery this week, in part because Abby Joseph Cohen, Goldman Sachs's Wall Street guru, cut the amount of shares that she thought investors should hold. But share prices have still held surprisingly firm as interest rates have risen this year. Top of the list of other policy weapons to rein in the market now being considered by Alan Greenspan, the Fed's chairman, are tougher margin requirements for share investors.

It is a relatively simple matter to borrow from a stockbroker to buy shares, provided that you ...

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