'Oops,' Says Alan Greenspan, 'My BAAAAAAD!'
'Oops,' Says Alan Greenspan, 'My BAAAAAAD!'
#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
#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.
#2Alan Greenspan had nothing to do with this crisis
Posted: 10/24/08 at 12:47amDidn't Greenspan retire in January 2006?
LePetiteFromage
Broadway Legend Joined: 1/19/08
TulitaPepsi
Broadway Legend Joined: 7/13/04
#4Alan Greenspan had nothing to do with this crisis
Posted: 10/24/08 at 7:52amHe's a fraud. Always has been.
#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
Broadway Legend Joined: 6/19/08
#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.
#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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