The Federal Open Market Committees's secret transcripts, which are the object of a tug-of-war between Fed Chairman Alan Greenspan and House Banking Committee Chairman Henry B. Gonzales, probably have a lot in common with sex, in that they are more exciting when details are left to the imagination.

Since the surprise revelation in October that the central bank has a stack of raw transcripts of its FOMC meetings dating back to March of the Bicentennial year, speculation about their contents has bordered on delirium.

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