Attached is a revised Credit Watch listing for the week of 6/11/01. Please note that United States Gypsum Company was added to "No Trades" and Proliance Energy is now at "ENA Purchases Only". If there are any personnel in your group that were not included in this distribution, please insure that they receive a copy of this report. To add additional people to this distribution, or if this report has been sent to you in error, please contact Veronica Espinoza at x6-6002. For other questions, please contact Jason R. Williams at x5-3923, Russell Diamond at x5-7095, or Veronica Espinoza at x6-6002.
Answer: Credit Watch List--Week of 6/11/01
Molly, Please, make arrangements for the interview with this candidate for a trading position. Interviews with John Lavorato, Jeff Shankman, Gary Hickerson, Stinson Gibner. I talked to him in New York and he is considering other opportunities, so we have to act fast. I think John will like him more than Punit. Thanks
Answer: A resume for John Lavorato
This is from a morning briefing that goes out to all of the Schwab clients: So it's a near-certainty that more stimulus is coming from Washington. But the details change constantly, as trial balloons are floated and shot down day after day. Some quick highlights: ? In stark contrast to its foreign policy/defense team, the Bush economic brain trust looks inept, unable to coordinate its plans and apparently unwilling to provide much direction to Congress. ? Filling that vacuum are Republicans who want big tax cuts and Democrats who want to spend much more. ? This means the budget surplus in fiscal 2002 is in free fall. It's possible that the budget could go into deficit this year, but our guess is that it will be in the black by a little, probably under $50 billion. But these estimates aren't worth much right now - the big story is that the surplus is melting fast.
Answer: Bush Economic Team "Inept"
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