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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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