Greenspan "shocked" at credit system breakdown

Former Federal Reserve Chairman Alan Greenspan told Congress on Thursday he is "shocked" at the breakdown in U.S. credit markets and said he was "partially" wrong to resist regulation of some securities.

link: (http://news.yahoo.com/s/nm/20081023/bs_nm/...)
submitted by: mikey404 Oct 24, 2008
category: News keywords: greenspan, federal reserve, fed, usa, economy


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Yea, real surprised I am sure...

posted by: Gnome Oct 24, 2008

They gave away 850 billion. I'm still mad. I think they collapsed it on purpose.

posted by: Toodem Oct 24, 2008

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