2008-10-23cnbc.com

"Former Federal Reserve Chairman Alan Greenspan told Congress on Thursday he is "shocked" at the breakdown in U.S. credit markets and said he was "partially" wrong to resist regulation of some securities." That's big of you Al



Comments:

tvsterling at 07:42 2008-10-24 said:
All that Mr Greenspan has to say in the article is that with 20-20 hindsight & a profound grasp of the obvious he now feels he MIGHT have been PARTIALLY at fault. And we used to think he knew what he was doing. A sad case of duck & cover, probably worried about his 'Legacy'. Permalink

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