CHAIRMAN GREENSPAN
And on the presumption that he is acceptable to the New York Bank , he then becomes the candidate for Manager of the System Open Market Account .
CHAIRMAN GREENSPAN
Our next item is the selection of a Federal Reserve Bank to execute transactions for the System Open Market Account .
CHAIRMAN GREENSPAN
I would suggest that , unless somebody moves , I will do so and assume it 's effectively implemented .
CHAIRMAN GREENSPAN
Would somebody like to move the nomination ? ''
CHAIRMAN GREENSPAN
My notes say that New York is again the odds-on favorite .
CHAIRMAN GREENSPAN
Without objection , so ordered .
CHAIRMAN GREENSPAN
Dino Kos is the incumbent .
CHAIRMAN GREENSPAN
-LSB- Laughter -RSB- I 'm always going with the odds-on favorite .
CHAIRMAN GREENSPAN
Next , selection of a Manager of the System Open Market Account .
CHAIRMAN GREENSPAN
18 , CHAIRMAN GREENSPAN. , '' Without exception .