Greenspan denies blame for crisis, admits 'flaw'

Popular Links
New Links
My Submissions
Share a Link

5 votes

Posted By: Richard Warren, over 3 years ago (Report Spam)
Category: Economy / Type: News
Source: news.yahoo.com

Former Federal Reserve Chairman Alan Greenspan denied the nation's economic crisis was his fault on Thursday but conceded the meltdown had revealed a flaw in a lifetime of economic thinking and left him in a "state of shocked disbelief."

Comments
Who voted?
Email this Link

Comments

At 10:39AM on October 23, 2008 - Will Barnard said...

He was not alone in his denial of fault. <r Cox (current Chairman of the SEC) as well as former Treasury Secretary Snow also denied any fault. Not only that, they did a fabulous job of the typical politician's ability to avoid the question!

Commercial Real Estate	Economy
Foreclosures	General Real Estate
Housing	Industry Insider News
Local Real Estate	Mortgage & Lending
Oddball	Opinion
Real Estate Investing	Real Estate Listings
Real Estate Marketing	Real Estate News
Real Estate Technology

BiggerPockets

Categories

Greenspan denies blame for crisis, admits 'flaw'

Comments