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  • Archive for October 23rd, 2008

    Greenspan “Admits some mistakes”

    Thursday, October 23rd, 2008

    Understatement of the year, from an article over the WSJ:

    Grilled by lawmakers examining the causes of the financial crisis, former Federal Reserve Chairman Alan Greenspan on Thursday admitted some mistakes in assumptions about deregulation while rejecting the idea that he is personally responsible for what he termed a “once-in-a-century credit tsunami.”
    Hm, so it must have [...]

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