2009-03-27nakedcapitalism.com

" Alan Greenspan had a brief moment when he seemed capable of being redeemed, when he admitted before Congress that he was wrong about his assumptions that firms could regulate themselves. I have yet to see another central figure in the banking meltdown admit error. But he has now gone back to trying to salvage burnish his reputation."



Comments:

tvsterling at 21:27 2009-03-29 said:
Greenspan is becoming a dangerous man. Despite the fact that he is completely discredited by his total failure he has enough of a "Name" to get on camera or into big time print. It's time he was put in his place publicly & permanently so that we have a real chance at reform. What the elites want is a return to the good old days & they will seize on this burned out fool to lead the charge. Be very afraid. If the elites manage to get thru this with their money & power intact they will not allow any further challenges to their rule. This means any challenges by the people of this country. As an abject example we might look to Russia. They have the same constitution as they always had. From the beginning thru the Stalinist horror to their collapse. Where are they now? That constitution is a typical modern new democracy constitution. Who really rules Russia today? Is it the people? Permalink

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