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'Oops,' Says Alan Greenspan, 'My BAAAAAAD!'

'Oops,' Says Alan Greenspan, 'My BAAAAAAD!'

PalJoey Profile Photo
PalJoey
#1'Oops,' Says Alan Greenspan, 'My BAAAAAAD!'
Posted: 10/23/08 at 7:07pm

THE FINANCIAL TIMES

‘I made a mistake,’ admits Greenspan

By Alan Beattie and James Politi in Washington

Published: October 23 2008 17:37 | Last updated: October 23 2008 21:26

Alan Greenspan, the former Federal Reserve chairman, said on Thursday the credit crisis had exceeded anything he had imagined and admitted he was wrong to think that banks would protect themselves from financial market chaos.

“I made a mistake in presuming that the self-interest of organisations, specifically banks and others, was such that they were best capable of protecting their own shareholders,” he said.

[CONT'D AT LINK]
‘I made a mistake,’ admits Greenspan


BigFatBlonde Profile Photo
BigFatBlonde
#2re: 'Oops,' Says Alan Greenspan, 'My BAAAAAAD!'
Posted: 10/23/08 at 7:13pm


This is what comes of his blind and slavish devotion to Ayn Rand.










What great ones do the less will prattle of
Updated On: 10/23/08 at 07:13 PM

~FloweryFriend~ Profile Photo
~FloweryFriend~
#2Alan Greenspan had nothing to do with this crisis
Posted: 10/24/08 at 12:47am

Didn't Greenspan retire in January 2006?


I starred in a short film called Magnetic Personality. Check it out!

LePetiteFromage
#3
Posted: 10/24/08 at 1:08am

Updated On: 1/10/09 at 01:08 AM

TulitaPepsi Profile Photo
TulitaPepsi
#4Alan Greenspan had nothing to do with this crisis
Posted: 10/24/08 at 7:52am

He's a fraud. Always has been.


"Hurry up and get into your conga clothes - we've got to do something to save this show!"

Reginald Tresilian Profile Photo
Reginald Tresilian
#5Alan Greenspan had nothing to do with this crisis
Posted: 10/24/08 at 8:02am

PJ, you need to learn from Goth how to write a thread title. Something like:

"Republican admits to deliberately destroying US economy"

StockardFan Profile Photo
StockardFan
#6Alan Greenspan had nothing to do with this crisis
Posted: 10/24/08 at 8:04am

LOL, Reg.....so true!

Greenspan was a member at the tennis club I used to work at. I never saw him there though.


KFTC!!!!!

PalJoey Profile Photo
PalJoey
adamgreer Profile Photo
adamgreer
#8'Republican admits to deliberately destroying US economy'
Posted: 10/24/08 at 5:29pm

Charles McCord, on Imus this morning, was railing against Greenspan. He wants Greenspan, "and the whole lot of 'em" to be "lead away in handcuffs."

It was interesting to hear Charles speak this way, because I've never heard him editorialize like that when reading the news before. He was really, really, angry.


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